Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > U.S. and China likely to trade blows at Asian security meeting
    Top Stories

    U.S. and China likely to trade blows at Asian security meeting

    U.S. and China likely to trade blows at Asian security meeting

    Published by Wanda Rich

    Posted on June 9, 2022

    Featured image for article about Top Stories

    By Idrees Ali and Chen Lin

    SINGAPORE (Reuters) -The United States and China are expected to use Asia’s top security meeting this week to trade blows over everything from Taiwan’s sovereignty to the war in Ukraine, although both sides have indicated a willingness to discuss managing differences.

    The Shangri-La Dialogue, which attracts top-level military officials, diplomats and weapons makers from around the globe, will take place June 10-12 in Singapore, the first time the event has been held since 2019 after it was postponed twice because of COVID-19.

    Ukraine’s President Volodymyr Zelenskiy will address the meeting in a virtual session on Saturday, organisers said.

    On the sidelines of the summit, U.S. Defense Secretary Lloyd Austin and Chinese Minister of National Defence General Wei Fenghe are expected to hold their first face-to-face meeting since President Joe Biden took office.

    “We expect, from our perspective, the substance of that meeting to be focused on managing competition in regional and global issues,” a senior U.S. official said.

    The official said the focus would be on trying to set guard rails in the tense relationship between the two countries and ensure that issues would not spill over into some sort of military misunderstanding or miscommunication.

    “We are taking every effort to ensure that it is a professional, substantive meeting and we are going to be talking about some very serious issues, but no desire on the part of the United States to make a public spectacle,” the official said.

    Chinese media have also said Beijing will use the meeting to discuss cooperation with the United States.

    Austin and Wei are likely to then use speeches over the weekend to re-affirm their commitment to the Asia-Pacific region, while delivering some pointed remarks in the direction of the other.

    Relations between China and the United States have been tense in recent months, with the world’s two largest economies clashing over everything from Chinese belligerence towards Taiwan, its military activity in the South China Sea and Beijing’s attempts to expand influence in the Pacific region.

    “The key issue this year is inevitably going to be the U.S.-China competitive relationship,” said Meia Nouwens, Senior Fellow for Chinese Defence Policy and Military Modernisation at The International Institute for Strategic Studies, the think tank that organises the event.

    “There’s a new sense of urgency with regards to the People’s Liberation Army’s ongoing modernisation and the assertiveness that we’ve seen from China in the last two years.”

    Although the summit is focused on Asian security issues, Russia’s invasion of Ukraine will remain central to discussions. The conflict, which has killed tens of thousands of people, uprooted millions and reduced cities to rubble, entered its 100th day last week.

    Ukraine will send a delegation to the meeting but the Russians will not be attending, according to a source familiar with the list of attendees.

    “American participants will use the occasion to criticise China’s strategic partnership with Russia,” said Li Mingjiang, associate professor at the S. Rajaratnam School of International Studies in Singapore.

    “We’ll see some inferences of the China-Russia partnership as a coalition of autocracies … China will defend their relationship with Russia, their position and policy in response to Ukraine.”

    ‘COME OUT SWINGING’

    With U.S. military and political capital soaked up by the war in Ukraine, Austin will be under pressure to convince China’s rivals in Asia that they can rely on Washington.

    “They say that China is this huge threat and they’re even saying it’s an acute threat. Yet it seems a major part of the attention and resources are basically going to Europe,” said Elbridge Colby, a former senior Pentagon official. “It’s not about words, it’s about walking the walk.”

    Bilateral talks between the United States and China, and much of the conference, will likely focus on Taiwan.

    China, which claims democratic Taiwan as its own territory, has increased military activity near the island over the past two years, responding to what it calls “collusion” between Taipei and Washington.

    “The U.S. is going to come out swinging on Taiwan specifically but also China’s growing assertiveness throughout the Indo-Pacific,” said Derek Grossman, a senior defence analyst at the RAND Corporation, a think tank.

    This month, Biden said the United States would get involved militarily should China attack Taiwan, although the administration has since clarified that U.S. policy on the issue has not changed and Washington does not support Taiwan’s independence.

    Washington has had a long-standing policy of strategic ambiguity on whether it would defend Taiwan militarily.

    The Pacific islands have also emerged as a key front in Washington’s strategic competition with China.

    Biden’s special envoy is due to visit the Marshall Islands next week amid growing U.S. worries about China’s efforts to expand its influence in the region. Last week, a virtual meeting of 10 Pacific foreign ministers hosted by Chinese Foreign Minister Wang Yi in Fiji agreed to defer consideration of a Chinese proposal for a sweeping trade and security pact.

    Also looming over the Shangri-La Dialogue is the increasing military threat posed by North Korea, which has carried out at least 18 rounds of weapons tests this year, underscoring its evolving nuclear and missile arsenals.

    Officials from South Korea, the United States and Japan said on Wednesday that North Korea’s recent missile tests were “serious, unlawful” provocations.

    Japanese Prime Minister Fumio Kishida will open the conference on Friday with a keynote speech in which he is expected to call for peaceful resolutions to disputes in the Asia-Pacific region.

    (Reporting Idrees Ali and Chen Lin; writing by Joe Brock; Editing by Raju Gopalakrishnan)

    Related Posts
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Top Stories PostAnalysis-Warming Africa threatens insurers’ quest for profit
    Next Top Stories PostCan magic help to protect nature? This woman thinks so

    More from Top Stories

    Explore more articles in the Top Stories category

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    View All Top Stories Posts