Refocusing the Lens: Singapore's Private Enterprises in China

Caroline Yeoh, Singapore Management University
Wilfred Pow Ngee How, Singapore Management University
Ye Zhang, Singapore Management University

Abstract

In recent years, financial and political instabilities have cooled economic growth in many regions. Even in this context, however, areas of strong growth remain; none, arguably, more prominent than ever-developing and increasingly affluent China, which is today a vastly different environment than even several years ago. More than ever, a wealth of opportunity subsists in this ancient land – and businesses must be able to adapt and seize these opportunities. Thus we turn towards Singapore private enterprise in China, to study once more the efficacy of the city-state's internationalization strategies in the context of the private enterprises which must eventually sustain such efforts, and examine if they are indeed prepared to rise with the dragon.