Economy

DPM’s meeting with PRC Vice-Premier Han Zheng in May 2019, in Beijing, China. (MCI)

Singapore and China: Scaling new peaks together

Singapore Deputy Prime Minister and Minister for Finance Heng Swee Keat and China Vice Premier Han Zheng will co-chair the 15th Joint Council for Bilateral Cooperation meeting on 15 October in Chongqing. DPM Heng wrote this article for ThinkChina on the eve of his departure for China, sharing Singapore's goals and hopes for our bilateral relationship and collaboration with China.
Only when the ownership and operations are diversified can the BRI become a true economic initiative and a platform for global cooperation, and thus extricate itself from endless international and geopolitical disruptions. (iStock)

Why the BRI needs global private investors

There are numerous obstacles to overcome but China needs to get global private investors to come onboard its massive BRI projects. Professor Gu Qingyang opines on China's possible approach and strategy in this third part of his series on the BRI.
After years of broad-based growth, China’s economy had become a force to be reckoned with. For about 16 to 20 years, China had devoted itself fully to economic development and managed to overcome some major hurdles. (iStock)

ASEAN: The ultimate winner of a China-US rivalry (Part I)

China’s dominance on the global stage continues to grow. It could just become another “sun” in a solar system that has revolved around the US in the post-war era. But can two “suns” coexist? And what will happen to the other planets around them? This two-part essay is adapted from Prof Tan Kong Yam’s recent speeches in China and the US.
A few global trends could emerge out of this, one of them being the coexistence of two suns in the solar system. (Graphic: Jace Yip)

ASEAN: The ultimate winner of a China-US rivalry (Part II)

China’s dominance on the global stage continues to grow. It could just become another “sun” in a solar system that has revolved around the US in the post-war era. But can two “suns” coexist? And what will happen to the other planets around them? This two-part essay is adapted from Prof Tan Kong Yam’s recent speeches in China and the US.
Countries will have to work together on the BRI to handle challenges. (SPH)

Why the BRI needs the USA

In the second part of his series on the BRI, Professor Gu Qingyang explains why the US should consider working with China on the BRI.
Now, it’s China’s turn to counterattack, this time against America’s economic assault. (iStock)

Trade war: China must take the bull by its horns

Now, it’s China’s turn to counterattack against America’s economic assault. Clearly, the US wants to delay or contain China’s development. The future state of affairs largely depends on China’s response. How can China respond, and how will the US react?
Erroneous assumptions of others’ pursuits and exaggeration of the good they have accomplished are common phenomena in international relations. (iStock)

Thermostats, Christmas cards, and the trade war

What do thermostats and Christmas cards have in common with the ongoing China-US trade war?
Bringing the BRI to the world. (SPH)

Why the world needs the BRI

In this first part of a series on the Belt and Road Initiative (BRI) by Professor Gu Qingyang of the Lee Kuan Yew School of Public Policy (LKYSPP), he lays out the context of the BRI and its role in global development.
Raffles City Chongqing. The China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity will facilitate joint ventures between companies in Singapore and China. (Capitaland)

Trade war? There are always business opportunities to be found

The editorial team from the Singapore Chinese Chamber of Commerce and Industry (SCCCI) interviewed its president and veteran entrepreneur Roland Ng on business opportunities in a growing Chinese market. Mr Ng is the CEO and managing director of homegrown crane rental company Tat Hong.