Briefly explain the economic relationship between China and Singapore 2) The benefits Singapore gained from the China rapid economic growth-

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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