- Singapore’s top trade official said the city-state is willing to facilitate a dialogue between the US and China to repair their relationship.
- US-China tensions have serious consequences for the rest of the world.
- Rents in Singapore saw strong growth in 2022, soaring about 30%.
- Singapore embarks on a spate of construction projects that were delayed due to the pandemic, some 100,000 new units to be completed through 2025 should alleviate rental costs.
- Singapore’s economy relies heavily on trade and is vulnerable to shocks resulting from disruptions in commerce, especially involving China.
Singapore Keen to Facilitate US-China Dialogue Amid Tensions
Singapore’s top trade official said the city-state is willing to facilitate a dialogue between the US and China to repair their relationship, as he described growing tensions between the world’s biggest economies as detrimental to the world.
