Liao Min, China’s Vice Minister of Finance, met with Leong Sing Chiong, Deputy Managing Director of the Monetary Authority of Singapore, in Beijing on June 17. The two sides exchanged their views on global macroeconomic and trade developments.
Liao noted that the intensified geopolitical challenges are having a significant impact on global economic and trade activities. He emphasized that China is willing to further deepen cooperation with Singapore in the economic and financial sectors to promote stable development of regional economy and trade.
Leong said that economic and financial cooperation between Singapore and China is on good track. He expressed Singapore’s willingness to achieve more concrete outcomes with China in areas such as capital market development and bond issuance, and to further advance bilateral cooperation in the economic and financial fields.
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