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Explain economic relationship between china and singapore

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Reference no: EM131410633

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

Reference no: EM131410633

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