As China's economy grows and develops, its influence has grown and its impact on the regional economy has become considerable.
SINGAPORE (The Straits Times/Asia News Network): China's development is positive for the region, but countries in the Asia-Pacific also want to maintain their very important ties with other economies like Japan as well as the United States and Europe, Prime Minister Lee Hsien Loong said.
And countries like Singapore want to nurture these links with Japan, which is the next biggest economy in Asia by far, and maintain a balance so that they have resilience and are not overly dependent on any single party, he added.
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