Singapore's Economy Could Suffer From The US-China Row
Singapore Business Review|June - July 2018

Some also flagged potential dampening effects on investments and business sentiment as early as the second quarter of 2018.

Singapore's Economy Could Suffer From The US-China Row

When the U.S. and China threatened to impose tariffs on each other’s goods worth billions of dollars, Singaporean Prime Minister Lee Hsien Loong published an editorial in mid-April warning that a trade war between the two economic powerhouses would slow down the global economy and hurt most countries, including Singapore. “We are a small, open economy with trade flows more than three times our GDP. A trade war between the two largest economies in the world will have a big, negative impact on Singapore,” said Lee. Whilst a full-blown trade war is not likely in the cards amidst expectations of a U.S.-China deal being reached, analysts echoed the prime minister’s concern that the country is especially vulnerable to any escalated trade war. Some also flagged potential dampening effects on investments and business sentiment as early as the second quarter of 2018.

この記事は Singapore Business Review の June - July 2018 版に掲載されています。

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この記事は Singapore Business Review の June - July 2018 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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