Tag: US-China trade war

‘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...

Chan Chun Sing urges Singapore to brace for fallout from US-China trade war

Singapore — The country’s Trade and Industry Minister has highlighted the seriousness of trade tensions between the United States and China. Chan Chun Sing stressed in a May 14 (Tuesday) public Facebook post that Singapore must be ready to face challenges resulting from this...

Encouraging China and US participation in TPP key to navigating trade tensions—George Yeo

At Singapore Perspectives 2019, George Yeo, the country’s former Foreign Minister, weighed in on the ongoing conflict between the world’s two superpowers: China and the United States. He offered his thoughts on how Singapore can find sure footing in the midst of the trade...

Who Benefits from Trump’s Trade War?

TOKYO – In 1950, the Canadian-born Princeton University economist Jacob Viner explained a customs union produces a “trade creation” effect, as lower tariffs and non-tariff barriers spur increased flows of goods among member countries. But Viner noted that a customs union also generates a...

Top Ten International News Stories of 2018: Our Pick

1. 1MDB scandal A controversy that erupted in Malaysia in 2015, and remains ongoing to this day, with those accused of money laundering and corruption still being brought to justice. Malaysia’s former Prime Minister Najib Razak has been accused of siphoning almost S$ 660 million (RM 2.67 billion)...

Singapore begins to feel effects of US-China trade war, posting export declines

For the first time in eight months, Singapore’s exports fell in November. Exports to China, which is the country’s biggest market, have continued to diminish, reflective of slower economic growth in China. Industry experts around the globe have expressed concerns about how ongoing trade tensions...

US and China call a trade war truce at G20 Summit, causing a rise in world markets

Over a steak dinner last weekend at the G20 Summit in Buenos Aires, Argentina, the United States and China called a trade war truce. US President Donald Trump said that there would be no additional tariffs on goods from China, while Chinese leader Xi...

PM Lee: US and China should prevent trade discord from poisoning “overall relationship”

In an interview with John Micklethwait, Bloomberg’s Editor-in-Chief, at the New Economy Forum in Singapore, Singapore’s Prime Minister Lee Hsien Loong said that while the trade issues between the two biggest economies in the world are “genuine,” the two countries should not allow tensions...

What you can do to protect your investments from fallout from the US-China trade war

Even while Singapore has stayed neutral in the heated trade war between the two biggest global economies, China and the United States, protracted tensions have still had an effect on the Lion City, as well as many other countries around the world. The US has...