Lee Kuan Yew speaking at INSEAD in 2007 on leadership and global politics

In a keynote session at the INSEAD Leadership Summit in Asia, the founder of modern Singapore, Lee Kuan Yew, revealed that during a meeting with Washington aides to presidential candidates, he was asked whether the US should regard China as a friend or foe.

His reply: "Neither at the moment." He then added that in 20 years' time, the US will be dealing with a different set of leaders.

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