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Friday, February 17, 2017

Singapore non-oil domestic exports (NODX)

http://www.businesstimes.com.sg/government-economy/singapores-non-oil-domestic-exports-rise-86-year-on-year-in-january

Something looks dicey from the statistics.  Year on year changes denote marginal diminishing growth.

Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%

Singapore depends heavily on China for our economic growth as it is our largest export market.  Therefore, it is not advisable to pursue USA interest to contain China.


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