Economic

1)      Introduction

          Briefly explain the economic relationship between China and Singapore

 

2)      The benefits Singapore gained from the China rapid economic growth

          Singapore’s merchandise export and import with China

          Joint government projects or Foreign direct investment between Singapore and China

          Growth of tourism industry or Growth of pirvate education industry in Singapore

          Collaboration finance market between Singapore and China 

 

3)       The challenges Singapore faces in this economic relationship

          Competition as financial hub with Shanghai and HongKong

          Competition in natural resources or in regional and global market

          Dependence of China economic growth

          Lack of Chinese government support and regulations or lack of personal experience

          Labor force problem or problem with local partners

          Lack of market information and sufficient financial assests

 

4)      The economic strategies or policies to strengthen the relationship

          Bilateral tie in signing agreement free trade, education, foreign investment and technology

          Strengthening financial cooperation

          Government-led investment in China- Suzhou industrial park and Tianjin eco-city

          Helping local companies (SMEs) access to China market

 

5)      Conclusion: the confidence of these two countries’ economic relationship

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