GIC says Asia will not challenge the world order

It's clear that the increasing economic power of the emerging world could raise geopolitical risks, but that does not mean the US and Europe will inevitably decline as Asia grows, says Tony Tan, deputy chairman of Singapore's Government Investment Corporation. "I do not see Asia aggressively challenging the global order, which has benefited Asian countries for decades," said Tan, speaking at the Swiss Re Forum in Singapore on Friday. "Asian countries, including China, generally share …