Bloomberg Talks Singapore Prime Minister Lawrence Wong Talks Adapting Economically & Politically
Nov 19, 2025
Lawrence Wong, Singapore's Prime Minister and Minister for Finance, delves into the complex interplay of economics and geopolitics. He discusses Singapore's balancing act amid US-China tensions and the need for communication to ensure stability. Wong explores ASEAN's unique challenges, the importance of small coalitions in trade, and the fight against wealth inequality. He also highlights Singapore's ambitions as a financial hub and the pursuit of cleaner energy. Finally, he shares personal insights on leadership and the importance of securing a prosperous future for his nation.
AI Snips
Chapters
Transcript
Episode notes
Temporary Truce Lowers Near‑Term Risk
- Lawrence Wong called the Xi–Trump meeting a needed temporary truce that opened channels and guardrails for engagement.
- He warned rivalry will continue but the rapport reduces near-term risk of confrontation.
Coexistence Over Scorekeeping
- Lawrence Wong urged coexistence and constructive engagement rather than picking winners between China and the U.S.
- He emphasised stability and practical cooperation as the goal, not scoring geopolitical victories.
Multipolar World, America Still Vital
- Wong said the unipolar, US‑led era is over and a multipolar world is emerging where old rules no longer apply.
- He still stressed America's continued vital role for global stability and prosperity.