Too soon to pop the bubbly for Singapore economy
Phase One agreement offers more certainty but uplift largely comes from warmer sentiment, say analysts
Singapore
LONG in the making, the Phase One trade deal between the United States and China can now put an end to some of the uncertainty that has dogged the global economy of late.
But it is not likely to move the needle on Singapore's growth forecasts for 2020, economists told The Business Times on Thursday, in the wake of the signing of the pact.
Hopes of trade-talk progress were already baked into economic projections for the year, so any uplift at this time is likely to come on from…
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