Why China’s Plan to Build a New Silk Road Runs Through Singapore
- Cultural ties make city-state key gateway to Southeast Asia
- Firms help navigate regional strains over South China Sea
A Singapore-flagged cargo ship arrives in Dar es Salaam, Tanzania.
Photographer: Daniel Hayduk/AFP via Getty ImagesThis article is for subscribers only.
As the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago, Teo Siong Seng sees his life as one immersed in the ancient trading networks of Asia.
So the managing director of the Pacific International Lines Group is seeking to benefit as China rejuvenates its Silk Road routes to the Middle East and Europe. He is setting up a joint venture with China Cosco Shipping Corporation Ltd. to help China’s largest shipping group build connections in Southeast Asia and beyond.