Visitors from China to Singapore dropped 27 percent in the five - TopicsExpress

Visitors from China to Singapore dropped 27 percent in the five months through May from a year earlier amid slower economic growth on the mainland: bloomberg/news/2014-08-03/singapore-s-great-sale-that-wasn-t-china-tourists-staying-away.html In case youre wondering, I am still standing behind my Singapore/SE Asia bubble warning from January. The longer interest rates stay at these record lows, the worse the credit and asset bubble will grow - even if its several more years. When rates inevitably rise and/or Chinas bubble pops, thats when Singapores bubble is most at risk of popping.

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