Tony Tan, chairman for the National Research Foundation of Singapore, has said that China's economic development creates new opportunities and challenges for a resurgence of growth in Southeast Asia.Speaking at a business forum themed the "Resurgence of South East Asia," he said: "After nearly a decade of slower growth following the Asian Financial Crisis in 1997, Southeast Asian economies are now on a firmer footing to take on the challenges and to explore the opportunities arising from the meteoric ascent of China and India."
Opening his Buzzword Dictionary, he added that China's growth is increasingly becoming more of a trade-creating win-win, and less of a trade-displacing zero-sum game to Southeast Asia.
