1. We must be cautious of who we make friends with and investments. For example, the China-Singapore Suzhou Industrial Park went into debt when China had suddenly built a competitive new park-the Suzhou New District Industrial Park and ended up losing an average of $23.5 million a year.
2.As long as it is a win-win situation, it does not hurt to share ideas with other countries and grow with them. E.g.New York, London and Paris are not threats to Singapore but mutually complementary parts of a globalised world.
As a small country,should Singapore continue to share her development experiences with other countries?
Yes, Singapore should continue. Singapore have developing experiences, other countries have resources to help us. Exchange, is it not a win-win situation? Countries can prosper together. One for all, all for one. Since Singapore has very little land area as well, we can collaborate with other nations to provide us with the land and in return tell them some developing tips. Singapore can never survive alone and need strong relationships with other countries.
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