Singapore economy to grow steadily despite risks from global trade tensions: MAS
SINGAPORE: The economy is expected to remain on its expansion path for 2018, despite downside risks brought about by trade tensions between two of the world's biggest economies, United States and China.
The Monetary Authority of Singapore (MAS) said in its biannual Macroeconomic Review on Friday ...
OPINION: When Western companies moved manufacturing to China, it was all about minimizing costs. China was a developing country with labor costs among the lowest in the world. It also offered massive subsidies and readily turned a blind eye to labor abuse and environmental degradation. Today, China is the world’s second-largest economy and has ambitions of […]