Singapore investments in China
Poh, Foong Gek
Teo, Sock Hoon
Date of Issue1994
College of Business (Nanyang Business School)
The economic strategy to go global started as early as 1986 and many incentives were introduced by the government to encourage Singapore entrepreneurs to go abroad and help Singapore develop an external economy. Recently, the main focus of the Singapore government is China, a country that has originally practised a closed-door policy but has now opened up to accept foreign investments. This project examines the increasing trend of Singapore investment in China and provides a guide to potential entrepreneurs in launching a new venture in China. We look at some critical areas that entrepreneurs may face, discuss the difficulties encountered and suggest possible solutions to the problems. A newspaper survey was done to examine the profile of Singapore investors in China and the literature review provided the basis of our study on the problems encountered by investors in China. Finally, interviews were conducted to substantiate findings from the literature review. We concluded that, even though Singapore investors might face difficulties in the process of trying to establish themselves in China, they would have to be flexible enough to adjust to the economic conditions and 'rules' of China. Both the Singaporean and Chinese governments are giving assistance to investors in many aspects to improve the investment environment in China. Hence, in the long run, such problems would eventually be solved.
Final Year Project (FYP)
Nanyang Technological University