TopNews.in, 28 Feb 2009, Sahil Nagpal
Singapore - Singapore Prime Minister Lee Hsien Loong said in an TV interview late Friday that there is a need for a rebalancing in the world economy, which could mean a shift away from Asia's current export-driven model.
"There will have to be a global rebalancing because we cannot expect the Americans to be consumers of things made all over the world. And the rest of the world as savers lending money to the US to buy things from you," Lee said in an interview with CNBC television.
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