Hainan, China – As global leaders gather for the Boao Forum for Asia (BFA) 2025, discussions are laser-focused on countering geopolitical uncertainty with technological breakthroughs. Dubbed the 'Davos of the East,' this year's forum unfolds against a backdrop of escalating trade tensions following recent shifts in U.S. trade policies and rapid advancements in artificial intelligence.
The conference highlights Asia's dual role as both a stabilizing force for global growth and a pioneer in AI development. A key talking point is the 'DeepSeek moment' – a reference to open-source AI innovations requiring significantly less computing power than traditional models. This breakthrough emerges less than three weeks after global markets grappled with renewed trade policy uncertainties.
Economic analysts note Asia's unique position, with the region contributing 60% of global growth in 2024 while simultaneously hosting 40% of the world's AI patent filings. 'This forum isn't just about weathering storms,' said one delegate from Singapore. 'It's about creating the tools that will redefine economic resilience.'
While discussions acknowledge U.S.-initiated tariff challenges, much attention remains on intra-Asian collaboration. Recent agreements between Southeast Asian nations and the Chinese mainland on AI governance frameworks signal growing regional coordination in tech policy.
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AI & innovation a panacea against uncertainty as BFA 2025 kicks off
cgtn.com