Southeast Asia has a population of more than half a billion in which the economy is dominated by about 40 families, most of Overseas Chinese descent (John Wiley and Sons Ltd, April 2009). There are a number of studies have been conducted interpreting the variety reasons for the success of Overseas Chinese entrepreneurs. However, social and cultural values, management styles, personal characteristics as well as the other external factors in policies of the host country have been emphasized as the significant causes that contribute to their success. This discussion will aim to clarify the view of the Overseas Chinese is as super-rich, super-clever, ambitious and economically driven in related to Singapore. This essay will be divided into three parts: the background of Singapore and its ethnic Chinese, the discussion about how and why they can achieve success in doing business and finally is some examples illustrated for the Overseas Chinese entrepreneurs in Singapore.
Singapore is located on the major sea route between China and India, its excellent harbor and the free trade status made the island state the commercial and banking hub of Southeast Asia. By 1990s, the multiethnic population attracted to the island had grown from a few thousand to 2.7 million Singaporeans in which 74.2 percent are Chinese and counted for 4.3 percent of Global Overseas
Chinese population. The Malays and Indian are about 13 percent and 9.2 percent (Population trends, 2009). Most of its Chinese population is Hokkien originally from the seaboard of Southeast China immigrated mainly for economic reasons and concentrated in economic activities related to employment and trade (Chan & Chiang, 1994). The economic boom in Europe in 19th century encouraged the development of western colonial industrialists in Southeast Asia. By high adaptability of the Chinese immigrants in foreign lands, the inheritance of the Confucian values system and, risk taking nature attitude, they were quickly taken... [continues]
Singapore is located on the major sea route between China and India, its excellent harbor and the free trade status made the island state the commercial and banking hub of Southeast Asia. By 1990s, the multiethnic population attracted to the island had grown from a few thousand to 2.7 million Singaporeans in which 74.2 percent are Chinese and counted for 4.3 percent of Global Overseas
Chinese population. The Malays and Indian are about 13 percent and 9.2 percent (Population trends, 2009). Most of its Chinese population is Hokkien originally from the seaboard of Southeast China immigrated mainly for economic reasons and concentrated in economic activities related to employment and trade (Chan & Chiang, 1994). The economic boom in Europe in 19th century encouraged the development of western colonial industrialists in Southeast Asia. By high adaptability of the Chinese immigrants in foreign lands, the inheritance of the Confucian values system and, risk taking nature attitude, they were quickly taken... [continues]
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