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Home / Issues / Geopolitics

Businesses must prepare for a New Cold War that could be worse than the last

Geopolitics

Businesses must prepare for a New Cold War that could be worse than the last

Ng Qi Siang Published on Thu, Jul 30, 2020 / 7:00 AM GMT+8

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More than three decades ago, the first Cold War ended with the euphoric toppling of the Berlin Wall as the people of the Eastern Bloc declared their freedom from the Soviet Empire. With even China and Vietnam pursuing market reforms, the stage appeared set for a utopian world of free trade, peace and laissez-faire capitalism. The end of history had arrived.

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