GIC says Asia will not challenge the world order

Jul 25, 2010

Asian countries generally feel a multilateral international order is critical to their long-term growth, says Tony Tan of the Singapore sovereign wealth fund.

It's clear that the increasing economic power of the emerging world could raise geopolitical risks, but that does not mean the US and Europe will inevitably decline as Asia grows, says Tony Tan, deputy chairman of Singapore's Government Investment Corporation.

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