http://www.ntu.edu.sg/idss/Perspective/research_050339.htmAn article on how Singapore balances (or tries to) the powers to be in our regional and global contexts.
IMHO, it has always been Singapore's policy to be neutral and work towards making ties and reaping benefits that directly impinges on our interests. Tying up with India and US has been in the cards as it balances China. (remember India is technically still at some dispute with China over their common border) I am not sure we will be as cosy in the military angle with China as we are now with US and India.