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Singapore must prepare for economic and geopolitical risks: Lawrence Wong

  • Escalating conflict from the Russia-Ukraine war and the slowing global economy are some downside risks that Singapore must be prepared for, Deputy Prime Minister Lawrence Wong told CNBC in an exclusive interview.
  • “We are a small country, we have to take the world as it is, and not what we would like it to be,” said Wong who is also finance minister.
  • He hopes the U.S. and China can resume their discussions as geopolitical tensions escalate.

Escalating conflict from the Russia-Ukraine war and the slowing global economy are some downside risks that Singapore must be prepared for, Deputy Prime Minister Lawrence Wong told CNBC in an exclusive interview Wednesday.

Andia | Universal Images Group | Getty Images

Escalating conflict from the Russia-Ukraine war and the slowing global economy are some downside risks that Singapore must be prepared for, Deputy Prime Minister Lawrence Wong told CNBC in an exclusive interview Wednesday.

“We are a small…

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