More Chinese firms making plans to invest, set up base in S'pore

A scene from last year's Chinese remake of Singapore drama series The Little Nyonya. The firm behind the adaptation, GHY Culture and Media, made its debut on the Singapore Exchange last month. PHOTO: GHY CULTURE AND MEDIA
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BEIJING - A rising number of Chinese firms are making plans to expand overseas to tap opportunities in the post-Covid-19 landscape, and increasingly, they are picking Singapore as the destination to invest or raise funds.

Amid uncertainties caused by geopolitical tensions in recent years and the Covid-19 pandemic, the Republic has become a more attractive destination for Chinese firms, said experts.

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