TY  - BOOK
AU  - Lee,John
TI  - China's Economic Engagement with Southeast Asia: Singapore 
SN  - 9789814620178
PY  - 2014///]
CY  - Singapore
PB  - ISEAS Publishing
KW  - China-Foreign economic relations-Singapore
KW  - International Economics
KW  - Investments, Chinese-Singapore
KW  - Singapore-Foreign economic relations-China
KW  - BUSINESS & ECONOMICS / International / Economics
KW  - bisacsh
N1  - Frontmatter --; FOREWORD --; China's Economic Engagement with Southeast Asia: Singapore --; China's Economic Engagement with Southeast Asia: Singapore; restricted access
N2  - China is a relatively minor source of FDI into Singapore and pales in comparison to FDI from advanced economies in North America and the EU. This will remain the case for the foreseeable future despite recent agreements facilitating Chinese firms and capital entering into Singapore, and which reduce the transaction costs of doing so. Firms from China are also a relatively small investor in the critical Singaporean Financial & Insurance Services sector. When it comes to the foreign portfolio investment (FPI) which helps provide liquidity and capital for Singaporean listed firms, China is a miniscule player. Assets of Chinese banks make up a very small percentage of the assets of the very open banking sector in Singapore. The bottom line is that Singapore's standing and status as one of the worlds leading and most attractive financial centres prevents Singapore from being over-reliant on any one financial partner; and Singapore is certainly not over-reliant on China
UR  - https://doi.org/10.1355/9789814620178
UR  - https://www.degruyter.com/isbn/9789814620178
UR  - https://www.degruyter.com/document/cover/isbn/9789814620178/original
ER  -