“It [Singapore] particularly benefits from the supply chain reshuffling globally as a service provider, with part of it [the reshuffling] going to Asean, and not even Singapore per se. But Singapore provides all kinds of services supporting this relocation,” says Chen. He was speaking on a Sept 23 webinar titled ‘A new dawn in the US and the world’.
US president Donald Trump’s questionable piloting of the US’ shift in posture away from its decades-old approach towards foreign policy could be beneficial for the Asean region, says Dong Chen, Pictet’s Chief Asia Strategist.
Singapore in particular, could potentially be a “clear winner”, owing to its “strategically important” position as a “bridge” between the East and West and as a gateway to Asean.
