[Manthink]

It is some how good to have balance power also..

It is always good to put your eggs in more than 1 basket...
With the clear sign of US falling influence and mounting debt, its Dollar will go with it also.
So SG has been preparing for this day when inflection point of "US-lead World Order" quickly reach its inflection point.

Singapore, 14 July 2022…The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) today announced the renewal of the Bilateral Currency Swap Arrangement (BCSA) for a further term of five years, until 2027.



https://www.mas.gov.sg/news/media-releas...rrangement