Fears about China’s slowing economy won’t squeeze Singapore’s growth, or its stocks

IS CHINA stalling? Headlines pin sluggish Singapore exports partly on China’s “slow” reopening, fearing worse to come. Some worry that the days of China’s roaring growth are behind it, depriving Asia of key economic fuel.

Don’t fret. Two years of real estate and regulatory headwinds are fading, and China need not produce jaw-dropping growth for Singapore’s economy to benefit.

Global stories lament China’s disappointing recovery since ditching zero-Covid policies last year. Singapore, for one, saw a 21.4 per cent year-on-year plunge in Chinese exports in April.