Tencent Picks Singapore as Asia Hub

Chinese companies like Tencent, Alibaba, and ByteDance are expanding operations in Singapore, making it a regional hub due to its advanced infrastructure and legal framework. These companies are investing heavily and applying for digital banking licenses. Geopolitical tensions, particularly between the US and China, are influencing this move, as Chinese tech companies face bans and hostility in other regions, prompting them to look towards Southeast Asia.

In what ways is Southeast Asia viewed as a market for Chinese companies?

What challenges are Chinese tech companies facing outside of China?