As US leadership proves unreliable, Asia needs to start focusing on itself

The push for a new Asia-centric organization reflects a growing sentiment that current global governance structures, including the G20 and G7, do not adequately serve the region's economic and political stability. The article points to the 2008 global financial crisis and the perceived erratic US leadership under President Donald Trump as catalysts for this shift. For Asian startups and tech companies, a more unified regional body could streamline regulatory environments and foster intra-Asian investment, reducing reliance on Western markets and capital. The challenge lies in forming an organization that is truly effective and not merely a replication of existing bureaucratic structures. The article advocates for a "small is beautiful" approach, suggesting a more agile entity. The key will be whether major players like China and Japan can coalesce around a shared vision that benefits the broader Asian tech and startup ecosystem, rather than solely advancing individual national interests.