Investment overseas : why China?
To maintain economic growth in the long run, direct foreign investment (DFI) is necessary for Singapore. The Senior Minister of Singapore, Lee Kuan Yew, at the beginning of January 1993, strongly encouraged Singaporeans to venture out of the protected shell of Singapore to the neighbouring countr...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/63045 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | To maintain economic growth in the long run, direct foreign investment (DFI) is necessary
for Singapore. The Senior Minister of Singapore, Lee Kuan Yew, at the beginning of
January 1993, strongly encouraged Singaporeans to venture out of the protected shell of
Singapore to the neighbouring countries, namely China, India, Indonesia and Vietnam. This
would help the government achieve its aim of building an external wing in Singapore's
economy.
The opening up of the economies in several Asian countries offers Singapore many
opportunities for investment. One of these countries is China. China, being the most
populous and the third largest country in the world, is a land full of opportunities. Its vast
domestic market, large pool of manpower and large available land resources are very
attractive to any foreign investors. Hence, Singaporeans should consider venturing into
China and reap the returns from their investments there. |
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