The rise of China is an undeniable fact in our times. Her strong GDP and economy have been consistently on the rise, putting it on par with US economy or even stands outperforming her in the next few good years to come, this is assuming no major government reshufflement or unforeseen events. As a result, countries in Asia Pacific region can hope to achieve vibrant economy by jumping on the bandwagon of a rising China. Singapore in this aspect cannot afford to miss this opportunity or risk having a stagnating economy. At this stage it is good to know that any political instability or a slight moment of hesitation might risk turning investors off while we see the rest of Asean propel themselves forward we cannot afford to tread behind.
Singapore, a small island not endowed with any natural resources is very fortunate to be able to reach first world standard in a short span of time since independence. Three possibly reasons for this. Firstly, we have an uncorrupted, efficient adminstrators cum leaders to get us to where we are today. Honesty, intergrity and brilliant foresight are hallmark attributed to our leaders from all over the globe without failed. Secondly, her people whom are highly educated or highly skills, whether to manage or to handle sophiscated machinery, is not a problem at all. Singaporeans also have the benefits of being bilingual which open up a myriad of job opportunities either at home or abroad. Thirdly, last but not the least is being an 'Asia Hub' where Singapore can afford to act as a link to facilitate China entry into European or US markets. All these factors are non-exhaustive, yet, are crucial to attracts investments or to invite company seeking to reallocate or to startup here.
Having said all that, I too is fully aware of the social negative impact of banking on the China wagon. One of the area of concern I have is the gap between the rich and the poor would continue to rift further apart. Although it can be said that the creation of jobs, jobs and more jobs by a rising China or the Casino in time to come would compensate it, however it still lacks in providing citizens a chance to fully excel their potentials or to better seize the opportunity of the China market. In this aspect, my concern is that if the government intend to see China as a new direction to heed, future funding and helps must be adequate provided for risk-takers or socially lower income families as I expect the pace to be quicken up then before. A suggestion would be funding for risk-takers may include entreprenuership funds for SMEs or startup and social welfare funds for poorer families.
In conclusion, faced right in front of us is a rising China, an opportunity too good of a chance to be miss for all Singaporeans or for the nation as a whole. Yet behind us are a group of low income earners or families hardly able to catch up with the pacing. It is really a contest between the socialists and the economic opportunitists whom both groups served different philosophy and groups. The rise of China is a critical issue whereby I feel that we should all look beyond not only checks and balances or balance of power in parliament as determinant factors but instead to think broadly in our nation's direction to heed.
I myself is a heartlander, if I may take a stand, I would humbly say that we Singaporeans should take advantage of the rise of China, yet at the same time the government must make doubly sure that the markers are in place to help citizens faced with hardships. Then I would say: "let's move ahead together."
Your vote matter. Vote wisely.
