US-China trade war starts to bite in Singapore

Observers say Singapore has been caught in the cross hairs of the trade war, with some exports affected. Factories which make products for Chinese firms that would eventually be shipped to the US are especially hit. LIANHE ZAOBAO FILE PHOTO
Observers say Singapore has been caught in the cross hairs of the trade war, with some exports affected. Factories which make products for Chinese firms that would eventually be shipped to the US are especially hit. LIANHE ZAOBAO FILE PHOTO

Factories in S'pore see reduced activity amid slowing orders and some firms freezing hiring

At a factory in Tuas, company manager Michael is seeing his inventory of raw materials for the production of semiconductor chips pile up.

"Semiconductor production is practically dead. I have three times the inventory that I need," said Michael, who was using a pseudonym because he was not authorised by his company to speak publicly.

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A version of this article appeared in the print edition of The Straits Times on June 17, 2019, with the headline 'Trade war starts to bite'. Print Edition | Subscribe