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Tuesday, June 13, 2017

What a joke! Singapore to help bankroll China's global ambitions.

https://sg.finance.yahoo.com/news/singapore-offers-help-bankroll-chinas-090659539.html

Let's face it. Singapore needs China more than China needs Singapore.  China can secure its goods and oil without going through SG already.

China has more money than SG but SG wants to help finance China's BRI.  Furthermore, AIIB is always there to help finance BRI for other governments.  Therefore, I don't see how SG can compete with AIIB and other local banks.  SG is trying to paint a beautiful picture between SG and China but the truth deviates far from the news.

As long as we've a USA naval base and P8A plane in sg, China will NEVER trust SG.  If we want to gain China's trust, we'll need to start to purchase China-made military weapons but this move would anger the USA.

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