Singapore sees Asia as a growth favourite despite trade war fears

SINGAPORE (Mar 28): Asia remains a growth favorite for businesses and investors even if tensions between the US and China escalate into a full-blown trade war, according to Singapore’s Economic Development Board.

“Singapore is very fortunate, Asian countries in general are very fortunate because we are in the middle of a growth engine,” Beh Swan Gin, chairman of the EDB, said in an interview with Bloomberg Television’s Haslinda Amin on Tuesday.

“Asia is somewhat insulated from this -- not totally of course -- but it can provide upside that can mitigate some of the downside if indeed there is a major dispute between the US and China,” he said.

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