Interesting article here: http://economictimes.indiatimes.com/new ... 007787.cms
Whilst China is intentionally applying the brakes to its growth in order to move towards a more consumer-orientated/balanced economy, it is India that is now fueling growth in the region, in a very sustainable and broad-based way.
One of Singapore's priorities is to be future-ready in order to use its unique position to tap into both Indian growth and Chinese consumption opportunities. Easier said than done, especially as China's move towards consumption is nowhere near guaranteed to succeed, but I can sense it has been happening for some time.
My MNC's investment dollars, of which there will be precious few as soon as the Fed starts reducing liquidity this year, are now targeting ASEAN/SARC, and less so ASEAN/China.