Briefly explain the economic relationship between china and

Question

1) 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.

Answer 1

This assignment needs the brief description regarding the economic relationship between China and Singapore by addressing the answer of the following questions. 1) Introduction: In brief describe the economic relationship between China and Singapore. 2) The advantages Singapore gained from the China fast economic growth. a) Singapore's merchandise import and export with China. b) Joint govt. projects or foreign direct investment between Singapore and China c) Growth of tourism industry or growth of private education industry in Singapore d) Collaboration of finance market between Singapore and China 3) The challenges Singapore faces in the economic relationship. a) Competition as financial hub by Shanghai and HongKong b) Competition in natural resources or in the regional-global market c) Dependence of the China economic growth d) Lack of Chinese govt. support and regulations or deficiency of personal experience e) Labor force problem or problem having local partners