Switzerland of Asia: Singapore increases presence as tech hub

China-US rivalry boosts role for city-state as regional launch pad

20201102 singapore view

Singapore is the Asian regional headquarters for 59% of multinational tech companies, according to the government. © Reuters

MERCEDES RUEHL

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.