Singapore & China: Barometers For the Wider Region

Advance estimates have revelaed that Singapore’s economy expanded slower than expected in the first quarter of 2024 with a 0.1% growth on a quarter-on-quarter basis, as manufacturing and construction weighed. Meanwhile, China saw its exports contract by 7.5% in March. Selena Ling, Chief Economist, OCBC Bank shares how these developments might impact economic outlook going forward.

Image Credit: Shutterstock.com