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China, Singapore, Hong Kong seen as safe havens amid trade war fears

DBS Research says reform calls should guide policies to transform China into a consumption-based economy

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DBS raised its rating on Singapore to 'overweight', owing to attractively-valued equities and the country's ongoing economic transformation.

Singapore

DESPITE fears of a trade war escalating between the two largest economies in the world, China joins Hong Kong and Singapore in being safe havens amid a volatile third quarter for equity markets, said a recent DBS Research report.

DBS is overweight on a "resilient" China...

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