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And Singapore has leveraged that trade by implementing tax policies that make it in huge demand for financial trans-shipment. A lot of Australia's resources ar
by rswail 2y ago
And Singapore has leveraged that trade by implementing tax policies that make it in huge demand for financial trans-shipment.
A lot of Australia's resources are bought and sold via Singapore precisely for the tax advantages of funneling things through there without the actual resources going through their ports.