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Singapore affirms China's 'key market' status

Local firms urged to tap the 'huge' consumer market there and seek China partners, despite the country's growth slowdown

Annabeth Leow

Annabeth Leow

Published Wed, Mar 6, 2019 · 09:50 PM
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Singapore

CHINA will stay a key market for Singapore companies despite slower growth, an Enterprise Singapore official said on Wednesday.

Eunice Koh, assistant chief executive of the agency championing enterprise development, cited China's consumer market as a big draw at a Singapore Business Federation (SBF) briefing.

Her remarks came a day after China cut its annual growth target to between 6 per cent and 6.5 per cent.

"China is a huge economy," she said. "Even if growth slows, it is still a lot…

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