Amoral cities are flourishing in a turbulent geopolitical era
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Singapore’s immaculate Changi airport is the perfect place to witness a shift in the balance of power between global cities. Since the city-state’s final covid-19 border restrictions were lifted last year, it has welcomed crowds of bankers, consultants and lawyers, fresh off a four-hour flight from Hong Kong or Shanghai, and often arriving without a return ticket. Singapore’s neutrality is pivotal in a region where the rupture between America and China feels especially immediate.
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This article appeared in the Finance & economics section of the print edition under the headline “Forged in fire”
Finance & economics June 10th 2023
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- Japan’s stockmarket rally may disappoint investors
- Surging stockmarkets are powered by artificial intelligence
- Amoral cities are flourishing in a turbulent geopolitical era
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- After debt-ceiling negotiations, America faces a debt deluge
- A flawed argument for central-bank digital currencies
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