26 September 2019
Allen & Gledhill Head of China Practice Huang Xuhua contributed this article to the Singapore Institute of Directors Conference Book 2019.
In the past decade, names like Alibaba, Tencent, Xiaomi and Huawei have become recognisable across the world. With China’s fast-growing digital economy, it is no wonder that the country houses some of the world’s top tech giants, to rank among the likes of Apple, Amazon, Microsoft, Google and Facebook. And nowhere has the impact of China’s digital revolution been felt more than in the ASEAN region, where internet giants Alibaba and Tencent have invested heavily.
The question is how businesses in Singapore can embrace such rapid transformation occurring in China, and stay ahead in the future economy. It is not only in the area of technology that China is undergoing historic change. China is aiming to lead in connecting the world on many levels, and within itself, it is facilitating structural legal changes to bring about an economically progressive environment.
To read the article, please click here.