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Full China reopening holds out hope for Singapore’s 2023 growth outlook as global demand stutters

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In the absence of a full reopening by top trading partner China, Singapore’s economic growth is set for a significant slowdown next year.

In the absence of a full reopening by China, Singapore’s economic growth is set for a significant slowdown next year.

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SINGAPORE - Battered by inflation and rising rates, global demand may offer little help to

Singapore’s export-driven economy

in 2023.

But if signs that China may be headed for a full reopening some time in early 2023 turn into reality, it could help the Republic withstand the economic headwinds.

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