Tag: US-China trade war

At Forbes Global Conference, PM Lee reiterates that US-China trade war impacts the whole world

Singapore—At the 19th Forbes Global CEO Conference in Singapore, Prime Minister Lee Hsien Loong warned of the global effects of the trade war between the two biggest economies in the world, saying that it would not only hurt China and the United States, but would negatively...

PM Lee: Japan and Singapore share excellent relations and strong economic ties

Osaka, Japan— A warm welcome for Prime Minister Lee Hsien Loong in Osaka by Japanese Prime Minister Shinzo Abe ahead of the Group of 20 Leaders' Summit (G-20) today (June 28) showcases the excellent relations and strong economic ties between the two nations. Singapore is not a member of the...

PM Lee warns US-China trade war could split global economy for decades to come

Singapore— Prime Minister Lee Hsien Loong told the Nikkei Asian Review at the G-20 summit in Osaka, Japan, he hopes the leaders of China and the US will take successful steps in defusing trade tensions. While Singapore is not a member of the G-20 but host nation...

PM Lee: Relations between US and China can be ‘poisoned irreversibly,’ third-world countries could become collateral damage

Bangkok – Prime Minister Lee Hsien Loong said during the 34th Association of Southeast Asian Nations (ASEAN) Summit on June 23 (Sunday) that Singapore “must expect some fallout” from the ongoing trade dispute between the US and China. PM Lee told reporters that the economy...

As US-China trade tensions deepen, the US looks to Africa and other sources for rare earth metals

As tensions heat up afresh in the second year of the trade war between the two biggest global economies, a new battlefront has emerged—that of rare earth metals. Last week, China warned the US that it is a major exporter of different types of rare...

Singapore’s telco M1 won’t abandon Huawei

Singapore— Singaporean telco M1 Ltd is sticking by China’s embattled tech giant Huawei despite its blacklisting by the United States earlier this month. On Tuesday (May 28), M1 said that it will stand by Huawei for now, although it also said that it will have...

It’s not just Huawei, everyone spies — George Yeo

Singapore — In March this year, George Yeo said in an interview with the South China Morning Post (SCMP) that to ban Huawei would not solve the issue of spying, since every major country spies on other countries anyway. He told SCMP, “It is not...

Singapore’s economic growth lowest in 10 years due to effects from US-China trade war

Singapore — The country is showing the lowest annual economic growth in almost 10 years, largely due to trade tensions between the two biggest economies in the world, the United States and China. The two economic superpowers have been locking horns since last year, to...

‘Sandwiched’ in the US-China trade war, Singapore does not wish “to be forced into making invidious choices” – Vivian Balakrishnan

Speaking at the Center for Strategic and International Studies in Washington, Dr. Vivian Balakrishnan, Singapore’s Foreign Affairs Minister, noted that as the US-China trade war generates huge skepticism and unpredictability within global markets, Southeast Asia countries must view developments with great concern. “And one point is...

Goh Chok Tong: Amidst US-China tensions, Asia needs to be the ‘moderate voice’

Singapore—In a speech at the 10th Asian Leadership Conference, Singapore Emeritus Senior Minister Goh Chok Tong said that Asian nations should not take sides in the ongoing trade tensions between China and the United States, but together, must form a “moderate voice” that would help...