Singapore's economy grew faster than expected in the fourth quarter, as the city-state emerged from the worst recession in this history. GDP expanded 5.9% in the final three months of 2021. That brought the full-year number to 7.2%, a significant turnaround from a more than 5% contraction the year before.

Yun Liu joined us live from Hong Kong. She's an economist who keeps track of Singapore for HSBC.

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