Former Kyrgyzstan Prime Minister Djoomart Otorbaev, now a senior fellow at Renmin University of China's Chongyang Institute for Financial Studies, shared critical perspectives on the long-term effects of US tariffs in a recent interview with CGTN. Highlighting shifting global dynamics, he emphasized that nations in the Global South are accelerating efforts to diversify trade partnerships and reduce reliance on traditional Western markets.
Otorbaev noted that tariff policies have spurred countries to strengthen regional cooperation and explore alliances with emerging economic powers. He pointed to the growing role of China as a stabilizing force, particularly through initiatives like the Belt and Road, which offer alternative infrastructure and investment opportunities. For business professionals and investors, this signals evolving supply chain strategies and potential growth in Asia-centric markets.
Academics may find his analysis of non-aligned economic blocs compelling, as Otorbaev stressed the need for developing nations to prioritize self-reliance and intra-regional trade. For the Asian diaspora and travelers, these shifts could reshape cultural and economic exchanges across continents, fostering new avenues for cross-border collaboration.
