China sells it's own cheap labor.
Singapore is the most economically free country in the world.
It isn't just about selling, either. Almost anything from anywhere can be bought in Singapore. Their economy is doing much better than ours.
They also have much lower taxes. Something our government could learn something about.
/johnny
Actually Singapore and Hong Kong do not have a lot of industry...small land area limits such
Both make their wealth on banking and investments....low taxes and strong banking laws make them safe places for finance. Same can be said for Luxembourg, Liechtenstein, Cayman Islands, and some other places