S'pore can bring China and Asean closer: OCBC chief

Singapore

SINGAPORE should secure a formal role in the Asian Infrastructure Investment Bank (AIIB) as Asean's coordinating partner for funding and financing structuring at AIIB, said OCBC's chief executive officer Samuel Tsien, adding that Singapore can play a coordinating role in Asean's relations with China.

The world's second largest economy has been Asean's largest trading partner since 2009; bilateral trade volume is expected to reach US$1 trillion by 2020.