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Singapore and China look to work collectively in new areas similar to sustainability and digital funds: Gan Kim Yong

Singapore and China look to work collectively in new areas similar to sustainability and digital funds: Gan Kim Yong

HOW OUR POSITION ON CHINA WILL AFFECT SINGAPORE

Gan was additionally requested how America’s robust stance on China will have an effect on Singapore’s relations with superpowers and the broader Southeast Asia area.

On Wednesday (November 8), the United States elected its subsequent president Donald Trump, who has taken an more and more aggressive stance towards China throughout his first time period.

Gan mentioned it’s in Singapore’s curiosity, as an open and small financial system, to see a steady and peaceable relationship between the 2 superpowers.

“China has been our foremost financial accomplice. We due to this fact need to proceed doing enterprise with China,” he famous.

“At the identical time, we additionally informed our American mates that America is an important accomplice for us too. In reality, they’re the most important buyers in Singapore… and we now have informed each events that each are vital to us.

“This is a really slender path that we should tread, however we additionally emphasize that our relationship with them have to be constructed on rules, and the rules have to be Singapore’s nationwide curiosity.

“So regardless of who we work with, whether or not it is the United States or China, or every other nation, we at all times begin from Singapore’s nationwide rules, we at all times work for Singapore.”

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