The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Singapore

SUBSCRIBERS

'Stop blaming trade and protecting obsolete jobs'

Vivian also urges US, China to avoid trade war; says both need to work together to gain from tech revolution

Published Tue, Aug 22, 2017 · 09:50 PM
Share this article.

Singapore

SINGAPORE'S Foreign Minister Vivian Balakrishnan called on the US and China to avoid a trade war while urging nations to stop trying to protect obsolete jobs.

"I'm most worried about a trade war," Dr Balakrishnan said in an interview with Bloomberg on Tuesday. "I want to make this point: don't blame trade. The real game in town is the digital revolution." Singapore is one of the world's most trade-reliant economies, with exports more than double the size of its gross domestic product. The government has cited rising trade protectionism as one of the key risks to its economic outlook.

KEYWORDS IN THIS ARTICLE

Trade

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Economy & Policy

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here