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 assests4) 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 market5) Conclusion: the confidence of these two countries’ economic relationship
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