Addressing the Chicago Council on Global Affairs here, Singapore PM Lee Hsien Loong said economies across the globe are rebounding and the world is no longer staring into an “abyss”.“In Asia, the countries are emerging strongly led by China and India. Asia is on the move and barring a conflict or war, for at least several more decades Asia will continue to grow and develop and uplift the lives of billions of people,” Loong said April 15.
Pointing out that India is growing rapidly, Loong said for a sustained growth, the country will require “difficult liberalization and reforms” as well as massive infrastructure investments.
“India is well placed to be another major growth engine, provided it progressively frees up its economy. Full Story
