Singapore lifted its moratorium on new DCs in 2022 [1], and since then has been expanding its DC capacity aggressively [2].

You're also right that it could be a reporting quirk.

I don't think we can say definitively that Chinese companies didn't use Singapore as a conduit for purchasing advanced GPUs, I haven't come across any evidence for that. (If anyone knows otherwise, please correct me.)

[1] https://www.ashurst.com/en/insights/lessons-from-singapore-d... [2] https://themalaysianreserve.com/2025/01/24/singapore-data-ce...