Singapore's Heng Says Important for U.S. and China to Try and Cut a Deal

The video discusses the impact of the US-China trade war on the global economy, highlighting the importance of reaching a deal. It explores potential areas for compromise, such as intellectual property and trade deficits, and emphasizes the need for changes in the global supply chain. The discussion also covers the shift of supply chains to other Asian countries and China's strategy to encourage its companies to expand internationally.

What are the key issues being discussed in the US-China trade negotiations?

• Only trade figures

• Intellectual property and trade figures

• Military alliances

• Environmental policies

How is the trade deficit related to broader economic factors?

• It is solely determined by government policies.

• It reflects the balance between savings and investments.

• It is unrelated to economic factors.

• It is only influenced by consumer spending.

What is a short-term strategy companies are using to handle supply chain disruptions?

• Reducing workforce

• Scrambling to restructure supply chains

• Increasing product prices

• Expanding into new markets

Which regions are likely to benefit from the restructuring of supply chains?

• North America

• Europe

• Southeast Asia

• Africa

What strategy is China employing regarding its companies in response to the trade conflict?

• Increasing import tariffs

• Reducing exports

• Encouraging companies to go out of China

• Encouraging companies to stay within China