19-10-2024, 08:24 PM
(07-10-2024, 01:05 PM)EvertonDiehard Wrote: China stands out as a particularly successful example of a Third World country which emulated S'pore's development model to rise to where it is today. In 1978, Deng Xiaoping who was then China's paramount leader, visited S'pore and initiated a close relationship. Since then, we have become China's largest foreign investor and thousands of Chinese officials have been trained in our public policy institutions. China's success in adopting our model may be attributed to its deep-rooted familiarity with the ancient Chinese meritocratic system. This system selects the best minds to govern based on merit rather than political affiliation. It aligns closely with S'pore's approach. China's political stability has provided a conducive environment for long-term development. Even a huge country like China can adopt a model proven to be successful by a far smaller nation.
The fact that it is de facto the second biggest economy after the USA Today, and yet still classified as developing economy and eligible for several subsidies in other words free money, is unfair and smacks of FRAUD