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Singapore businesses in China reflect both countries’ evolving economic ties, from early success to constant reinvention.
A view of downtown Shenzhen on Sept 15. The challenge for Singapore businesses is to keep adapting and staying alert to fresh opportunities.
Decades before Singapore and China formally established ties in 1990, Ms Dorothy Seet’s family was already doing business there.
Her father-in-law, a migrant from Fujian province, had built a fortune in the 1950s as the sole agent for Chinese suiting fabrics in South-east Asia at a time when China’s centrally planned economy barred factories from exporting goods directly.
[SRC] https://www.straitstimes.com/opinion/singapores-china-story-from-suits-to-services-a-new-chapter-begins
