A survey by the American Chamber of Commerce in China revealed that a record 30% of U.S. companies are accelerating their plans to relocate manufacturing or sourcing from China, surpassing previous highs. This shift is attributed to U.S.-China tensions, as well as the impact of Covid-19, which prompted China to close off from the world, leading to supply chain diversification. AmCham China’s president, Michael Hart, noted that this trend is likely to continue as companies seek to mitigate risks and ensure business continuity.
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Health Minister Ong Ye Kung 'dismayed' at company's S$52,000 monthly rental bid for Tampines clinic
Read a summary of this article on FAST.SINGAPORE: Health Minister Ong Ye Kung expressed concern over a healthcare company's S$52,188 monthly rental bid for a clinic in Tampines, stating it could increase healthcare costs and does not guarantee quality service. Recent bids for clinics ranged significantly lower, highlighting the issue of rising rents in healthcare. The Ministry of Health plans to implement a new tender approach focusing on quality of care, ensuring affordable healthcare options...
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