SINGAPORE (Oct 1): Something important has changed in US-China relations in recent months. The strategic rivalry between the two now dominates over other issues, making the things that matter to the rest of Asia, such as the tariff war, more difficult to resolve. It may be premature to term the tensions between the two big powers as a new cold war, but the relationship between the two is becoming more of a zero-sum one and less a cooperative one. The net result for Southeast Asia cannot be good, given the likely political and economic fallout for the region — but we should also recognise that there could be some positive implications as well.

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