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Everyone says Singapore is being “flooded” by China brands. But ACRA data tells a different story. 89.7% of Singapore’s 45,361 retail business entities are still locally owned. Only 3% are under Chinese ownership. So why does it feel like China brands are everywhere? There are a few good reasons behind that perception. #mustsharenews #sgfyp #msinvestigates @_bolinchen
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