China has made successful joint ventures in China such as Suzhou industrial park, Sino- Singapore Tian Jin Eco-City and capital land malls. This marks how fast China is as a developing country. China has became a country that has powers and ranks 2nd in terms of GDP. By opening up their country for trade, it allows them to trade with other countries goods that they make. It also allows more foreign investors to enter the country freely. This allowed China to earn profit and this is the point of time where China was getting stronger and stronger. However, China had a population of 1.4 billion people, thus despite being a strong and independent country, the China citizen have very low pays due to the over population in China. Due to this factor, the income gap between the rich and poor is widening and this causes unequal opportunities among the peoples starting from young. For example, a child in a rich family can get all the schooling that he or she needs. However, a child in the poor family will be struggling to pay school fees or even trying to earn money to help the family. Overall, China had become one of the top few countries and it may pose threat to Singapore.
Local talents in Singapore might go to China as their companies have asked if they wanted to go to China for business talks. Obviously, as the pay we receive will increase, people will be going to China as the products there are also affordable to us. Singapore will be losing local talents have all immigrated to China, thus, this might be a possible threat to Singapore.
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