Singapore firms building up capacity outside China as fallback
No exodus yet as China market's too big to ignore; trade war also starting to impact higher tech sectors
Add BT as a preferred source
Annabeth Leow
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A SINGAPOREAN electronics parts manufacturer set up shop in China's Shenzhen two decades ago - but with its products being "very sensitive to tariffs", the company is now considering moving to India.
Such is the reality on the ground recounted by Suan Teck Kin, head of research at United Overseas Bank (UOB), as his clients re-evaluate their presence in China amid a protracted trade war with the US.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
