SINGAPORE: Singapore must be prepared to deal with fallout from the US-China trade dispute, said Trade and Industry Minister Chan Chun Sing on Tuesday , amid worsening tensions between Washington and Beijing.
Singapore can be the"safe harbour" for data, finance, talent and technology and a trusted hub for progressive rules and regulations. “Great power rivalry and nativist politics have added isolationist pressure, threatening to reverse globalisation and the idea of cooperation and shared benefits,” he said in a speech at the opening dinner of the 6th International Maritime Security Conference.
"New forms of connectivity in regulation, data, talent, technology, and finance have risen, which complement existing global trade flows."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore shares slump 1.2% as US-China trade tensions mountTHE Straits Times Index (STI) finished at 3,234.28, down 39.22 points or 1.2 per cent on Monday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Is US-China trade war starting to erode US dollar dominance?The contemplation by Asian finance leaders to add the Chinese and Japanese currencies to a regional foreign reserves buffer fund is the latest sign that the trade war is causing countries to slowly move away from dependence on the US dollar. The 10 members of the Association of Southeast Asian Nations
Source: YahooSG - 🏆 3. / 71 Read more »
US-China trade talks will continue Friday morning US time: paper editor[BEIJING] US-China trade talks in Washington will continue on Friday morning US time, Hu Xijin, the editor-in-chief of Chinese state-run newspaper the Global Times, tweeted on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China urges US to respect market economy after China Mobile denied entryWASHINGTON/HONG KONG: China urged Washington on Friday to stop putting 'unreasonable pressure' on Chinese companies after U.S. regulators voted to ... This might be the funniest headline of the day.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China strikes back with higher tariffs on US$60b of US goodsCHINA said on Monday that it would impose higher tariffs on a range of US goods, striking back in its trade war with Washington shortly after US President Donald Trump warned it not to retaliate. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China to impose tariffs on US$60 billion of US goodsHONG KONG (REUTERS) - China plans to impose tariffs on US$60 billion (S$82 billion) worth of US goods, the finance ministry said on Monday (May 13), after the United States escalated a bitter trade war with a tariff hike on US$200 billion of Chinese products.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China to raise tariffs on US$60b worth of US goods from June 1[WASHINGTON] China says it will raise tariffs on $60 billion worth of U.S. goods from June 1, Bloomberg News reports. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US-China trade talks will continue Friday morning in Washington[BEIJING] Crucial trade negotiations with China in Washington will continue on Friday, the White House said late Thursday, about 90 minutes before steep new tariffs were set to take effect on Chinese goods. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »