Container cranes are pictured at the port of Singapore, whose economy contracted in the second quarter. Photo: Reuters

Singapore’s economy shrinks as US-China row hits global trade ... and it’s set to get worse, analysts say

  • Gross domestic product fell 3.4 per cent compared with the first three months of the year
  • City state’s heavy reliance on trade and its integration in regional and global supply chains makes it vulnerable to a slowdown in world growth and tariff wars
Topic |   Singapore

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Container cranes are pictured at the port of Singapore, whose economy contracted in the second quarter. Photo: Reuters
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