Tag: Guangxi
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From ‘red ocean’ to ‘blue ocean’: Why Singaporean firms are exploring Nanning to enter China’s market
Recent pyramid scheme arrests involving Singaporeans have put Nanning in the spotlight, but businesses told CNA they remain undeterred from entering the Chinese market – and that making inroads can take months or even years.
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Testing the waters? Businesses weigh China’s new trade shortcut to Southeast Asia
The Pinglu Canal provides China’s landlocked southwest region with a much shorter water route to the South China Sea – and Southeast Asia. But turning early business interest into sustained demand will be the bigger test, say analysts.
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China opens major canal linking landlocked regions to sea
Four years in the making, the Pinglu Canal cuts the journey to the sea for goods from southwestern China by more than 560km, generating annual transport savings of more than five billion yuan (US$745 million), according to state news agency Xinhua.
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Singaporeans lured by alleged pyramid scheme linked to investment opportunities in China
Amid a clampdown by Chinese authorities on pyramid schemes, CNA has learnt of at least a dozen Singaporeans who were approached by fellow Singaporeans over a so-called business and investment scheme in China’s southern city of Nanning.
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