SINGAPORE – South-east Asia is an important market for Chinese businesses, given global uncertainties and the reconfiguration of supply chains, noted the secretary-general of the China Chamber of International Commerce (CCOIC).
Mr Sun Xiao, who was in Singapore as part of a 100-strong business delegation, added that Chinese companies can sidestep obstacles resulting from trade tensions between China and the United States by investing in the region and capitalising on its resources and labour.
He said these tensions mean that many goods from China, the world’s largest manufacturer,…
