Singapore can't avoid a recession, economist says
CIMB Private Banking's Song Seng Wun says that Singapore's reliance on external trade leaves it vulnerable to the current global economic slowdown, but there could be "upside surprises" from China's reopening.
Song Seng Woun, CIMB Private Banking, says this is because a large part of China's GDP comes from its external trade. However there may be "upside surprise" with China's reopening. He talks about the outlook of the Monetary Authority of Singapore.