Caixin Summit: Singapore Minister Calls for Collective Action for Global Problems

(The Straits Times) — The risks to development have never been greater in the past 40 years, but the conviction in developing shared opportunities through international collaboration has never been weaker, said Senior Minister Tharman Shanmugaratnam.

Tharman, who was the keynote speaker at the annual Caixin Summit at Marina Bay Sands on Friday, added that the world is in for a prolonged period of difficulty, fragmentation and vulnerability now, and there is a need to not just avoid the worst, but also to rebuild optimism.