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Too early to speculate about secondary sanctions on China: economists

Even if US does impose the sanctions, Singapore is not expected to follow as it has always tried to remain neutral, avoid picking sides

Tessa Oh
Published Tue, Mar 15, 2022 · 09:50 PM

    Singapore

    WHILE markets have begun pricing in the risk of secondary sanctions on China - in the event that it provides military and economic aid to Russia - economists say it is too early to speculate on the possible economic fallout.

    And even if the United States does impose such sanctions, they do not expect Singapore to follow suit, saying that the Republic has always tried to remain neutral and avoids picking sides.

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