Singapore, a country with a population of just about 5.6 million, is one of Asia’ top financial centers and a global trading hub.
It has for decades been one of the world’s most impressive growth stories. The Southeast Asian nation is among the top 10 countries in the world with the highest GDP per capita, according to World Bank statistics.
However, the country’s central bank warned late last year that its export-driven economy would likely be hurt in the coming months by the ongoing U.S.-Chinatariff fight.