SINGAPORE (Sept 18): Not unlike during the Cold War, the world today is about to split into two trading blocs with deeply-rooted opposing ideologies: One faction led by the United States and the other controlled by communist China.

However, even with this new world order, experts believe regional economic groupings like Asean as well as small states like Singapore can continue to trade and thrive.

In a dialogue session held at the National University of Singapore's Business School on Monday, Alex Capri, visiting senior fellow and lecturer at NUS Business School, noted that the ongoing trade war will alter the global economic and trade landscape for years to come.

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