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SINGAPORE - Asean has become more important to China economically and there are opportunities to be had for the regional grouping as China grows. But Singapore and South-east Asian countries need to be more humble when doing business with China, economist Tan Kong Yam said on Monday (April 5) at a forum on China s parliamentary sessions in March and its 14th five-year plan. This is because while China s coastal regions have developed high technology, including artificial intelligence, South-east Asian countries, including Singapore, still lack top-rate technology in these areas. As China climbs the technology ladder, firms in South-east Asia should strive for complementary development with China s mid-level tech firms, he said, adding that China and South-east Asia have many areas of complementarity.

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