Singapore’s GDP data has distortions that present an overly-rosy picture when compared with Hong Kong. Photo: Reuters
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Singapore is falling behind Hong Kong, just do the math

‘People in Hong Kong on average have US$29,000 each a year to spend on themselves while Singaporeans have only US$19,000, and the margin is growing rapidly in Hong Kong’s favour’

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Singapore’s GDP data has distortions that present an overly-rosy picture when compared with Hong Kong. Photo: Reuters
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