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entrepôt
international trade
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Hong Kong
- In Hong Kong: Economy
…as an international free port, entrepôt trade, mainly with China, flourished until 1951, when a United Nations embargo on trade with China and North Korea drastically curtailed it. This situation, combined with the need to export and with the availability of cheap labour, led to the establishment of competitive light…
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Singapore
- In Singapore: Trade of Singapore
Entrepôt activities, where goods are transhipped and sometimes processed or manufactured in the immediate area, account for about one-third of Singapore’s export trade. Notable in this capacity has been the oil-refining industry. In an attempt to foster additional trade, Singapore has become a joint-venture partner…
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