DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Chinese Companies 'Singapore Wash' to Avoid U.S. Tensions
Chinese Companies 'Singapore Wash' to Avoid U.S. Tensions

Chinese Companies 'Singapore Wash' to Avoid U.S. Tensions

Update: 2025-12-19
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Singapore Washing: Chinese Companies Fleeing U.S. Tensions Relocate to SingaporeChinese companies are increasingly moving operations to Singapore, a strategy known as Singapore washing, to avoid U.S.-China tensions. This trend, driven by Singapores neutrality and free trade agreements, has gained momentum since Trumps first term, spanning industries like critical minerals, technology, and biotechnology. Companies like Terahop, DayOne, Manus AI, and ChemLex have made the move, but some, like Manus AI and Terahop, dont publicly reference their Chinese backers. While this strategy offers benefits, it doesnt guarantee freedom from political or regulatory scrutiny, as seen with Singapore-based Megaspeeds U.S. investigation. Larger businesses like Shein and TikTok have faced challenges avoiding Western scrutiny, highlighting the limits of this strategy for high-profile entities.

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Chinese Companies 'Singapore Wash' to Avoid U.S. Tensions

Chinese Companies 'Singapore Wash' to Avoid U.S. Tensions