A plunge in exports and the worst growth rates for a decade have fuelled concerns about the outlook for Singapore's economy, with analysts saying the figures offer a warning that Asia is heading for a slowdown as China-US tensions bite. While it may be one of the smallest countries in the world, the export hub is highly sensitive to external shocks and has long been viewed as a barometer of the global demand for goods and services. The affluent city-state is highly dependent on trade and has traditionally been one of the first places in Asia to be hit during global downturns -- with ripples typically spreading out across the region.

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