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This is definitely true of the UK. I'm surprised to hear its true of the US though which has a much wider economic base. Is it true of Singapore or Hong Kong?
by tome 13y ago
This is definitely true of the UK. I'm surprised to hear its true of the US though which has a much wider economic base. Is it true of Singapore or Hong Kong?
- justincormack 13y agoFrom memory 40% of the profits of US businesses (public I presume) are in financial services. That's a huge sector. I think Singapore still has a smaller financial services business than you might think, although growing. (Need some references but on train)
- agilebyte 13y agoData on Singapore: http://www.guidemesingapore.com/incorporation/introduction/singapores-economy http://www.guidemesingapore.com/incorporation/introduction/s... Wholesale & Retail or Manufacturing is bigger