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SINGAPORE - Singapore is very vulnerable to an escalation of a trade dispute between the world's two major economies, the United States and China, the city-state's prime minister said in an opinion piece published by the Washington Post. «Singapore isTrade war could have "big, negative impact" on Singapore: PM Lee
SINGAPORE - Singapore is very vulnerable to an escalation of a trade dispute between the world's two major economies, the United States and China, the city-state's prime minister said in an opinion piece published by the Washington Post. «Singapore is a global hub that connects the economies of the United States and Asia. We are a small, open economy with trade flows more than three times our GDP,» Prime Minister Lee Hsien Loong said. «A trade war between the two largest economies in the world will have a big, negative impact on Singapore.» Read more