Singapore Sees Asia as a Growth Favorite Amid Trade War Fears
- Region’s solid growth seen providing buffer to global tensions
- U.S.-China negotiations could yield ‘more level playing field’
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Asia remains a growth favorite for businesses and investors even if tensions between the U.S. and China escalate into a full-blown trade war, according to Singapore’s Economic Development Board.
“Singapore is very fortunate, Asian countries in general are very fortunate because we are in the middle of a growth engine,” Beh Swan Gin, chairman of the EDB, said in an interview with Bloomberg Television’s Haslinda Amin on Tuesday.