26 Jun Economic Main
ntroduction
– 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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