China’s largest foreign investor Singapore has inked 15 agreements worth over 3 billion Singapore dollars ($2.3 billion) with a Chinese province on Monday.
In a landmark achievement, 21 Asian nations including China and Singapore have recently signed on as founding members of a new infrastructure investment bank which would rival the World Bank.
Source: http://thebricspost.com/singapore-signs-deals-worth-2-3-bn-with-chinese-province/#.VHSP6MlqE3P