It's pretty interesting to see how #China can order a #US company to unwind the purchase of another company in #Singapore, after it was already complete. 🇺🇸 #Meta > 🇸🇬 #Manus ❌ 🇨🇳 #Government #SingaporeWashing

China's Manus founders seek $1...

Open for business: #Chinese firms are #Singapore-bound
"We shld also not allow the world to think tt an easy #business environment also means a #permissive one. Some hv even suggested tt #Singaporewashing – the process where foreign actors take advantage of our simple registration processes & global reputation for incorruptibility to incorp fronts for #dubiousbusiness activities – is some form of quid pro quo for investing in 🇸🇬 .. Such a mindset will come back to bite us"
https://www.scmp.com/week-asia/economics/article/3271163/open-business-chinese-firms-are-singapore-bound-will-they-stay