China reforms creating dramatic shifts in other economies: Tharman

Singapore

CHINA, as a manufacturing powerhouse, has begun taking more inputs from within its borders. This is creating dramatic shifts in other economies such as Singapore, which is growing below its medium-term potential, said Tharman Shanmugaratnam, Coordinating Minister for Economic and Social Policies.

This paradigm shift in a period of slow growth, and amid volatility out of divergent monetary policies as US…