Tuesday, May 02, 2017

Time for us to learn from China

When I first visited China in 1987, they were very poor and backward. Singapore was way ahead.

30 years later, China became very advanced. In many areas, they are ahead of Singapore.

Singapore has also progressed but not to the same extent. In fact, we continued with many unproductive and wasteful practices that make us high cost and uncompetitive.

PM Lee blame the Singaporeans. I think he and his ministers shoulder the greater share of the blame.

We need to have the energy and innovation that now characterized China. It is time for us to wake up and realize that we are far behind.

We cannot continue to think that we are "the best". We have slipped a few notches. We now have to learn from China.

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