ByteDance founder among China moguls in Singapore


ByteDance Ltd founder Zhang Yiming.

SHANGHAI: Among the facts TikTok’s lawsuit against the US government surfaced: billionaire ByteDance Ltd founder Zhang Yiming is living in Singapore while keeping Chinese citizenship.

Zhang joins a raft of corporate chieftains who’ve relocated to the island state after years of regulatory tightening and Covid restrictions hammered China’s once free-wheeling tech sector.

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