China’s Fixed-Asset Investment in Singapore Jumps More Than Eightfold

Fixed-asset investment in Singapore from Chinese companies surged more than eightfold in 2025, vaulting China into the position as the city-state’s largest source of foreign investment by country, a title previously held by the U.S.

The dramatic surge highlights how Chinese firms are aggressively building operations in Singapore, attracted by its sound business environment and gateway to Southeast Asia.

Chinese Companies Accelerate Investment Push Into Singapore

Commitments for fixed-asset investment from Chinese enterprises reached S$2.9 billion ($2.3 billion) in 2025, according to an annual report released Monday by Singapore’s Economic Development Board (EDB). China’s fixed-asset investment commitments accounted for 20.6% of the total last year, exceeding the U.S. for the first time, with the U.S. share falling to 17.3%. In 2024, China accounted for only 2.5% of the commitments.