MM Lee says China and India growth will result in new world order
Lee Kuan Yew at NUS. Channel NewsAsia, with video:
Singapore Minister Mentor Lee Kuan Yew said that the growth of twin giants China and India will result in a new world order, even if in the absence of a global financial crisis. …
He pointed out that China was growing at between 8 and 11 per cent a year, while the United States was growing a mere 2 to 3 per cent. However, he stressed that it does not mean the US will take a back seat in the new world order.
“I do not think the Americans are finished. I think they are still a dynamic economy. If we look at the past records, they are the most flexible, most entrepreneurial and willing to re-emerge in new forms,” Mr Lee said.
A special on the dialogue, called “Singapore – the next 50 years”, will be aired on Channel NewsAsia at 8.30pm on Wednesday, October 21.
Filed under: Conference, Quotes, Video | 1 Comment
Tags: china, india, lee kuan yew, new world order