"Two Cities, One Pie" Consul General Eric Teo's recent remarks on Hong Kong Singapore relations have sparked a much needed discussion about the myth of zero sum rivalry in Asia's financial landscape.
While some may view his comments as a public relations coup for Singapore, they represent a rare instance of diplomatic candor that deserves our attention.
Tee's assertion that "Asia is big enough to accommodate two financial centers" rings true in theory but glosses over the reality on the ground.