Singapore, Shanghai ink record 15 deals

According to official data, trade between Singapore and Shanghai grew by 8% in 2022 compared with the year before, hitting US$20bil (RM88.69bil) as demand grew. — Bloomberg

SINGAPORE: Local companies have deepened ties with their Shanghai counterparts, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose.

According to official data, trade between Singapore and Shanghai grew by 8% in 2022 compared with the year before, hitting US$20bil (RM88.69bil) as demand grew.