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Lee Hsien Loong: All countries need to do business with China, opportunities and markets are all in China

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2022-05-27 14:23:12

According to a recent report by Singapore's Lianhe Zaobao, Singapore's Prime Minister Lee Hsien Loong said in an interview with the Nikkei that the opportunities and markets are in China, and countries cannot but do business with China and welcome investment from China.

Lee Hsien Loong pointed out that China's share in the global economy has increased, and it is normal to have more trade with China. Not developing trade with China will cost a lot.

He said that China has always been involved in the affairs of the Asia-Pacific region, proposing the "Belt and Road" initiative and global development initiatives.Singapore supports these initiatives and is a member of the Group of Friends of Global Development Initiatives.

Lee Hsien Loong said that with the development of China's economy, China's influence continues to expand, and it is the largest trading partner of almost all Asian economies.China has created opportunities for cooperation, trade and prosperity. Many countries want to seize the opportunities brought by China's development and hope to have more trade exchanges with China.

 

Singapore is the rotating presidency of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) this year.Lee Hsien Loong said that the CPTPP is an open organization, and all economies that meet the high standards of the CPTPP can join, and Singapore welcomes China to join.

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