The possible implications on Singapore is Singapore will have more businesses as we can trade with one more country which is China. There will be more proft for Singapore and also be able to form friendship between the two countries. Singapore is also able to set up businesses in China and by doing so, there will be more jobs available for the unemployed citizens as they can go to China to work. Since China has strong economic growth, they are very trustable and Singapore can sell products to China's market.
In conclusion, with the economic growth in China, there will be many countries willing to work with China and trade when China opens up to international trade. It is profitable not only for China but to other countries as well. But China should also think about their environment. With more money but resulting in citizens getting unhealthy is not good.