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I don't know what is your intention in publishing this, but I note that Singapore's import bill is about USD25 billion a month or US$300 billion a year (obviously we import nearly everything we consume physically). So $252 billion is less than one year of imports.
China managed to run down its foreign reserves from $4 trillion to $3 trillion within 2 years just defending the yuan. China's annual import bill is roughly 2 trillion annually (much of it to feed its export machine). Really, if its imports stopped suddenly (or its reserves magically disappeared), it can still somehow survive this doomsday scenario. Can Singapore?
A big number is not a big number until it is scaled appropriately against a reference.
China managed to run down its foreign reserves from $4 trillion to $3 trillion within 2 years just defending the yuan. China's annual import bill is roughly 2 trillion annually (much of it to feed its export machine). Really, if its imports stopped suddenly (or its reserves magically disappeared), it can still somehow survive this doomsday scenario. Can Singapore?
A big number is not a big number until it is scaled appropriately against a reference.