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Singapore to Lose Most From China Slump, Natixis Says

A slowdown in China’s economic activity from prolonged coronavirus lockdowns this year is set to create the largest knock-on effect on Singapore, according to Natixis SA.

Singapore could see the biggest hit to its gross domestic product as large-scale lockdowns disrupt manufacturing and dampen consumer demand in China, the world’s second-largest importer, Natixis said in a report on Wednesday. India, on the contrary, stands to benefit the most, it said.