Praising the little red dot's neutral stance in US-China tensions, one businessman called Singapore 'the Switzerland of Asia.'
has listed Singapore as having the most number of high-growth firms in the Asia-Pacific region –93– in comparison to rival cities Tokyo and Seoul, even though on a countrywide basis, Japan and South Korea have more such firms.
What has also worked strongly in Singapore’s favour of late is the neutral stance it has taken in the tensions between the two largest economies in the world, the United States and China.
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