Quote:
Originally Posted by Forbes
China is not immune to world affairs but there are some quarters who think that China is already one step ahead of others. China's announcement that it is developing or redeveloping the old Silk Route is not some fanciful thinking. Granted that it has political implications, but the economic windfall for the next 20 to 50 years will be enormous. Some of us may not live long enough to see how China will grow, both politically and economically but there is no reason for us not to jump (or try to jump) on the bandwagon now. Think of monkey go west.
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W globalization there is no one country that can be immuned of cos. not US n certainty not China too. But like i said China is going through a painful reform that is necessary in the long run. So slower global economic growth will be a norm for years to come. As for sg, we are also in a reform to move upwards the value chain. Not easy n we will face slow growth ourself too