Should Southeast Asia Fear the Second China Shock?
Roland Rajah
The second China shock fundamentally differs from the first. Southeast Asia should strategically optimise the growth of capital imports and investment from China.

Roland Rajah
The second China shock fundamentally differs from the first. Southeast Asia should strategically optimise the growth of capital imports and investment from China.
Stephen Olson
Faced with possible US forced labour tariffs, Southeast Asian countries should remember that the Trump administration’s underlying objectives are to reconstitute the reciprocal tariff regime, discourage economic linkages with China and reduce trade surpluses with the US.
Zenobia Chan
The US appears to be losing to China in the race to understand Southeast Asia. The real test, however, centres on whether a country can sustain the institutions to study the region critically.
Vinod Thomas
The vast minority of middle-income countries graduate to high-income status. Past strategies that prioritised physical capital must give way to a quality of growth approach premised on investment in human and natural capital.
Piper Campbell|Joanne Lin
Fulcrum editor William Choong talks to Piper Campbell and Joanne Lin about Southeast Asia operating amid rivalry between China and the US. Ambassador Campbell is the Inaugural Chair of the Department of Foreign Policy and Global Security, American University. She has taught at the university since January 2020. This followed a distinguished, 30-year diplomatic career. Joanne Lin is the coordinator of the ASEAN Studies Centre at ISEAS.
Nuurrianti Jalli|Maria Monica Wihardja
As new AI systems continue to develop, there are attendant risks. Southeast Asia needs to up its game by regulating such systems.
Mae Chow
The possibility of Iran targeting undersea cables in the Middle East has implications for Southeast Asia. The region should adopt strategies to maintain connectivity.
Stephen Olson
Canadian Prime Minister Mark Carney posited that the world order was not experiencing a “transition” but rather a “rupture” from the global system established in the aftermath of the Second World War. For Southeast Asia, and its primary institutional forum – ASEAN – this means recognising that some of its most cherished principles might no longer be entirely valid and reassessing traditional assumptions about regional cohesion and commonality of interests.
Marco Kamiya
The World Bank has made a volte-face on industrial policy. Southeast Asian countries will need to consider the new policy, but calibrate it across vastly different national contexts.
Kei Koga
Fulcrum editor William Choong talks to Kei Koga about Japan’s grand strategy and approach to the Indo-Pacific amid challenges to the global rules-based order. Prof Koga is Associate Professor and Head of Division at the Public Policy and Global Affairs Programme, School of Social Sciences, Nanyang Technological University (NTU).