Quite how Singapore, an authoritarian state capitalist economy akin to China, has become the pre-eminent Tory model for the UK post-Brexit, as opposed other more democratic economies, is puzzling. He picked Singapore and not the UK post-Brexit to build his new electric vehicle. Javid at least speaks from experience – he earned £3m a year as head of Deutsche Bank’s Singapore trading division. Hunt, quickly refashioning his modernising politics to suit an imminent date with a Tory party electorate, is a more surprising advocate for Singapore. Significantly, one of observers most sceptical about the parallels between Singapore and Brexit is Singapore’s prime minister, Lee Hsien Loong.

Source: The Guardian January 02, 2019 18:48 UTC