Tuesday, August 16, 2005

morgan stanley: on singapore-india trade pact

aug 16th

if the singaporeans can get over their sniffy chinese racism (lee kuan yew once said that if singapore had a majority indian population it would never have progressed, although he has been singing a different tune lately) this agreement could be useful. singaporeans have bloodied their noises and lost a fair amount of money in china, so they are a little less cocky these days.

http://www.morganstanley.com/GEFdata/digests/20050815-mon.html#anchor4

1 comment:

Anil Kurnool said...

Though the deal is a welcome, I experience - first hand - the racism of Chinese everyday here.

Any common Singaporean has a image that all Indians are here (in Singapore) to take up the IT jobs, make money and go away.

"You work in IT laa" is a often heard remark when they talk to Indian guy here.

Though not shown so blatently, we (Indians) are given a shade worse treatment here.