Your figures show that Singapore has high output and a tight labour market. They don't by themselves tell us how the gains are distributed or whether median hou

Your figures show that Singapore has high output and a tight labour market. They don't by themselves tell us how the gains are distributed or whether median households face affordability pressure. Here's my view. There are many points where the current economy doesn't feel all that good to me. Because of you, I got curious and looked into it, and Singapore's income has risen, but consumer prices and especially housing asset prices have also risen sharply. And this is only Singapore being strong in macroeconomics and export employment; I don't think this means the global economy is good. Strictly speaking, I think this is because of our particular situation and the fact that we are knowledge workers. Of course, I'm not saying you're wrong. In your situation, you're right, but I think my view is more general. In other words, I don't think it's a case of the global economic situation being good, nor is it easy to say that China's economic situation is booming. I have Chinese friends, and while I don't know China as well as you do, since you're ethnically Chinese, I do know that the number of people who can leave China for abroad is very small in class terms, and I can also argue that China's statistics do not indicate such a good economic situation.