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Asia’s Dilemma: China’s Butter, Or America’s Guns?
Tuesday, April 4, 2017 19:02
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from STRATFOR
– this post authored by Rodger Baker
Flying into Singapore’s Changi Airport, one is struck by the fleet of ships lined up off shore, the tendrils of a global trade network squeezing through the narrow Malacca Strait. Singapore is the hub, the connector between the Indian Ocean, South China Sea and Pacific. Since the late 1970s, with little exception, trade has amounted to some 300 percent of Singapore’s total gross domestic product, with exports making up between 150 and 230 percent of GDP. Singapore is the product of global trade, and the thriving multiethnic city-state can trace its trade role back centuries.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201704040548
