Hong Kong remains a vital and distinct gateway between China and the world, with its common law system and international character serving essential functions for China's global engagement and soft power. Despite rising geopolitical tensions and U.S. policy shifts, particularly under Trump, Hong Kong can preserve its relevance by investing in education exchanges, hosting unofficial Sino-American dialogues, and positioning itself as a hub for global governance debates.

In April 2025, Chinese President Xi Jinping conducted a five-day diplomatic tour of Southeast Asia, visiting Vietnam, Malaysia, and Cambodia from April 14 to 18. The strategically timed visit, Xi’s first overseas trip of the year, occurred amid escalating trade tensions driven by U.S. President Donald Trump’s imposition of tariffs on over 70 countries, including China and the three nations Xi visited. The tour aimed to reinforce China’s economic and diplomatic influence in the region, counter U.S. trade policies, and solidify partnerships within the Association of Southeast Asian Nations (ASEAN).

The U.S. president’s mid-may trip Middle East found a region unlike the one he tamed in his first term. His encore performance, though bold, reveals a region slipping from the grasp of his once-potent diplomatic playbook. GCC states are increasingly asserting themselves as they look for harmony.

To Donald Trump’s surprise, China showed no fear of tariffs. Instead, it launched a powerful tit-for-tat counteroffensive that caused the United States to back off. Trump’s pattern of bullying, his obsession with bellicose showmanship, his love of flattery and his attempts to instill fear are on display for all to see.

With U.S. encouragement, Northeast Asia has seen unprecedented cooperation between Japan and South Korea in recent years. But rising economic frictions, domestic political changes in Japan and especially South Korea, and evolving U.S. global priorities could impede or even reverse recent gains.

Following months of political turmoil, South Korea's upcoming presidential election could lead to a shift in the country's approach to the U.S.-China rivalry, with candidates' stances influencing South Korea's policies on defense, trade, and diplomatic relations with both powers. While Lee Jae-myung may seek closer ties with China, potentially boosting trade and cultural exchanges, his rival is expected to strengthen South Korea's alignment with the U.S., especially on security and technology-related matters.

Amid the rise of unilateralism and bullying by the United States, the forum’s international role in fighting protectionism and promoting a multipolar world is becoming increasingly prominent, especially for the Global South.

The U.S.-dominated international system is unraveling as major powers and Global South countries reject American pressure and assert their independence. Without a shift toward cooperation and respect for multipolarity, the U.S. risks becoming the target of a hostile global realignment rather than leading a stable new order.

The extreme radicalism of the U.S. president’s thinking, coupled with the chaotic nature of his policies and their implementation, has significantly accelerated fragmentation and may even precipitate the collapse of the global governance structure.

Arbitrary policies introduced by the U.S. president have accelerated a shift of the international order and introduced new dynamics to relations between major powers. Most countries are reluctant to follow Trump’s lead because they have little to gain by doing so. Several are quietly thinking about ways to turn his disruptions into opportunity.