PAP MINISTER: NAIVE TO THINK CHINA WILL STOP INVESTING IN OTHER COUNTRIES IF S’PORE ALIGNS CLOSER WITH IT

Senior Minister of State Chee Hong Tat slammed critics who believe that by aligning Singapore closer with China, China would stop investing in projects in neighbouring Malaysia and Indonesia which would hurt Singapore’s prospects. He said these people are drawing a simplistic and flawed conclusion.

He said that even if Singapore aligns itself closely with China, Beijing would continue making investments in ASEAN to enhance its connectivity and protect its energy security which are based on China’s national interests.

Chee reiterated that it is in Singapore’s interest to see China succeed and Singapore leaders will work on enhancing the close cooperation with China and not take the strong foundations for granted. Although he admitted that it is inevitable that both countries would have different views on certain issues from time to time.

SMS Chee added that speaking the same language, culture and having ancestors from the same place was not going to get Singapore very far if that was all we could offer. Instead he said Singapore will work for bring more investments into the country and work with Chinese firms to innovate new technologies and invest in other markets.

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