The United States has not taken further action on the second-stage trade agreement
When President Trump was asked by reporters last week whether he was still negotiating a second-stage trade agreement with China, Trump pointed out that his current relationship with China was not ideal, so he felt that it is not the case today. It is the right time to negotiate with China. Trump also pointed out that he now has many other things to deal with, and he has no time to deal with China’s trade issues. The above can be regarded as good news, that is, China and the United States can temporarily maintain stability in trade, and there will be no trade disputes.
The People’s Action Party has a 10% lower vote rate than in 2015
In the Singapore elections over the past weekend, the ruling People’s Action Party (PAP) won 83 out of 93 seats and continued to win by a large margin. However, it is necessary to pay attention to the scenery of the People’s Action Party, because the opposition Workers’ Party (WP) has only 6 seats from the previous term and has now increased to 10 seats. In addition, the ruling party’s vote rate was only 61% in this election, which is significantly lower than the 70% rate in 2015. From this point, the halo of the People’s Action Party is clearly diminishing. Since political stability is very important to the economic development of Singapore, investors who care about Singapore should pay close attention.
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