SINGAPORE -- China's transformation to a high-value manufacturer and its move to a consumer-led society will bring changes to the world economy and usher in a new phase of globalization, said Singapore's Deputy Prime Minister Tharman Shanmugaratnam.
“I think we are going to see fundamental change in the next 10 years, and it will mean a whole new phase of globalization and a whole new balance in the global economy,” said Tharman, who is the Minister for Finance and Manpower. Full story
