China’s plan for a maritime “Silk Road” to Europe is helping channel funds to Southeast Asia for roads, railways and ports. But amid the deals bonanza, one country risks missing out.
Despite strong historical and cultural ties to China, the tiny state of Singapore has found itself in Beijing’s crosshairs, in part for its stance over territorial disputes in the South China Sea. As other Southeast Asian leaders lined up to meet President Xi Jinping at a summit in Beijing this week for his Belt-and-Road Initiative, Singapore was represented by National Development Minister Lawrence Wong.