Under higher scrutiny, will Singapore remain Chinese firms’ first overseas port of call?
With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. On a weekday afternoon, the basement food hall of a central shopping centre was packed. Office workers queued for Chongqing noodles, while a different noodle joint...
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