One example of foresight that he cited: How Singapore, seeing that China was rising, had gone out of its way to be helpful, such as with the Suzhou industrial park. The experience has given us “an entree into all the cities of China”. “They are sending their mayors, about 111 of them, to NTU (Nanyang Technological University), learning how to manage a city. So everybody in China at the city level knows of Singapore, and businesses from Singapore will find open doors.”
Investing in Suzhou industrial park was “foresight”, says MM Lee
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