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http://www.straitstimes.com/world/e...of-power-it-wants-to-be-through-belt-and-road
DAVOS, SWITZERLAND - Singapore can play a critical role in the China-led Belt and Road Initiative (BRI) as a global financial hub, providing the banking and legal support for projects, as well as facilitating in the "software transfer" to ensure projects are sustainable once completed.
This was spelt out by Mr Chan Chun Sing, Minister in the Prime Minister's Office and NTUC chief, on Wednesday (Jan 24) to an audience of top business and political leaders, during a session at the World Economic Forum on the One Belt One Road initiative, a showpiece project of China's President Xi Jinping.
Noting that Singapore was happy to be working closely with China on this major initiative, Mr Chan added that Chinese officials often pointed to the 33-85 figure to remind their Singapore counterparts of the role the Republic plays.
DAVOS, SWITZERLAND - Singapore can play a critical role in the China-led Belt and Road Initiative (BRI) as a global financial hub, providing the banking and legal support for projects, as well as facilitating in the "software transfer" to ensure projects are sustainable once completed.
This was spelt out by Mr Chan Chun Sing, Minister in the Prime Minister's Office and NTUC chief, on Wednesday (Jan 24) to an audience of top business and political leaders, during a session at the World Economic Forum on the One Belt One Road initiative, a showpiece project of China's President Xi Jinping.
Noting that Singapore was happy to be working closely with China on this major initiative, Mr Chan added that Chinese officials often pointed to the 33-85 figure to remind their Singapore counterparts of the role the Republic plays.