CommentSwitzerland of Asia: Singapore increases presence as tech hub
China-US rivalry boosts role for city-state as regional launch pad
Singapore is the Asian regional headquarters for 59% of multinational tech companies, according to the government. © Reuters
MERCEDES RUEHL
November 5, 2020 19:12 JST
SINGAPORE -- During World War II, Switzerland's neutrality made it a safe haven for diplomacy and commerce. Fast forward 75 years and the same trends are being borne out in Singapore -- the Switzerland of Asia -- as tensions between the U.S. and China rise and the world picks sides.