From Singapore, an Optimistic Forecast

HOUSTON, July 12, 2010 – Prime Minister Lee Hsien Loong of Singapore delivered an upbeat assessment of prospects for growth and stability in East Asia, downplaying lingering effects of the global financial crisis and offering a benign take on China’s growing economic and political clout.

“I believe the fundamental transformations in East Asia will continue, and for a long time,” the Prime Minister told an audience of 350 at the Hyatt Regency Houston.

Houston Mayor Annise Parker introduced Lee for his luncheon address, which Asia Society Texas Center and Greater Houston Partnership co-hosted and which drew a cross-section of the city’s corporate and civic leadership.

To watch this video clip, CLICK HERE.

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