looking beyond borders

foreign policy and global economy

The Odd Couple: Singapore’s Relations With China

As to why China and Singapore developed a special relationship can be traced back to the latter’s spectacular economic growth after its independence in 1965. With the exception of three years, Singapore’s economy would grow at an annual rate of over six percent for three decades (and over ten percent for half that time)…That appealed to China, whose communist party in the late 1970s had started a long economic reform process to turn its brand of communism into what would become known as “socialism with Chinese characteristics.”

Read Here – Foreign Policy Research Institute

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