News > Singapore: All set to become the new hub for Chinese technological companies?

Singapore: All set to become the new hub for Chinese technological companies?

As tensions between Washington and Beijing heighten, a big number of China’s technological firms are extending activities and aiming to deepen their exposure in Singapore, the fastest growing Southeast Asian country, home to about 650 million people.

Some reports suggest that ByteDance, the owner of popular video-sharing service TikTok, is going to be investing billions of dollars in the city-state, while companies like Tencent and Alibaba are also eyeing at increasing their presence.