SINGAPORE (Apr 23): The current United States and China trade tensions, businessman Ho Kwon Ping thinks, is not about a trade war but about a paradigm shift towards China becoming a major global player who does not want to play by Western rules.

Ho says: “The current US-China tensions are not only not about the trade war, it is not even about geopolitical or geo-economic rivalry. It is about an entire paradigm shift in civilisational relationships which has not happened for the last 200 to 300 years ever since the ascendancy of Western civilisation to become the dominant civilisation in the whole world.”

The outspoken founder and executive chairman of Banyan Tree Holdings and Laguna Resorts and Hotels was speaking at the Credit Suisse Global Supertrends Conference 2019 on Tuesday on new world orders.

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