09 JUNE 2021View in Browser
 
 
 

This week's primary foreign investment news
from our ASEAN, China, India, Russia, Belt & Road and Vietnam Briefings.
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HEADLINES:   •   How RCEP Compares with the EU and USMCA   •   New Dynamics Within The CPTPP   •   The Russian Far East   •   The Business Environment In South China   •   Investment Zones in the Greater Bay Area   •   Vietnam Incentivizes UK Exporters   •   Singapore vs. Hong Kong   •  
G7 Tax Proposals & India

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THE BIGGER PICTURE
RCEP. Asia’s Equivalent To USMCA and the European Union
RCEP’s market includes China, Japan, South Korea, Australia, New Zealand and the ten ASEAN nations. It is 2.5 times larger than that of the EU and USMCA and will overtake these two Western trade blocs in both wealth and investment within a matter of years. We look at the implications.
 
The Asia-Pacific CPTPP Takes New Shape With UK Membership Application
Chinese membership of CPTPP would help China reform, an issue the CPC may be considering to further develop its SOE’s, although vested interests within China will prove resistant to this. Meanwhile UK investors should be looking at Asia Pacific markets for opportunities.
 
State Development Plans In The Russian Far East
The Russian Far East influences trade and investment in China, Japan, South Korea as well as exports to Europe. We look at Russia's regional development plans in this huge yet little understood region of North-East Asia.
 
CHINA
South China's Business Environment and the Current State of Things
Reading reports and surveys published is important but not enough to acquire a thorough knowledge of the foreign SME situation in China, we talk with companies who have been in the region for years to gain direct insights.
 
Preferential Investment Zones In China's Greater Bay Area
The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is a national initiative aimed at building a world-class city cluster in Southern China. lt is a key driver of the country’s technology ambitions, market opening reforms, and facilitator of the Belt and Road initiative.
 

ASEAN

Vietnam Issues Preferential Tariffs For UK Products Under UKVFTA
The UK and Vietnam signed the UK Vietnam free trade agreement, which will virtually see all customs duties eliminated. The agreement represents significant opportunities in education, renewables, healthcare, and infrastructure for British exporters.
 
Shifting Tides: What's Next For China and Vietnam; Hong Kong and Singapore?
Whether it is China’s head start in economic recovery or Vietnam curtailing the spread of the pandemic – countries in Asia have been ahead of the curve and surprised the world with economic growth in 2020.
 
INDIA
How Can Indian Businesses Capitalize On ASEAN's E-Commerce Boom?
Having a combined population of 655 million people, of which 400 million are internet users, ASEAN’s e-commerce sector presents ample and scalable opportunities for Indian businesses looking to sell in this market.
 
The G7 Proposals On Taxing MNC's: Implications For India
The G7 tax proposals, if approved globally, will impact India’s taxation of foreign or non-resident companies and digital enterprises without a physical presence. They call for a global minimum corporate tax rate, a new tax formula, and demand the elimination of digital services tax or equalization levies.
 
 
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UPCOMING EVENTS IN THIS MONTH
 
Gateway to Singapore: Guide to Singapore Employment Permits 2021
Webinar | June 10, 2021 | 4:00 PM Singapore / 3:00 PM Vietnam / 9:00 AM UK
 
Go International: Vietnam
Webinar| June 16, 2021 | 3:00 PM Vietnam / 4:00 PM Singapore / 10:00 AM CET
 
Mergers and Acquisitions (M&A) in a Post-COVID World: Part One
Webinar | Thursday, June 17, 2021 | 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CET
 
Vietnam: An Emerging Force in Asia's Microelectronics Supply Chain
Webinar | June 23, 2021 | 9:00 AM Vietnam / 10:00 AM Singapore / 7:00 PM PDT
 
How to Set Up a Factory in Vietnam: From Location to Compliance
Webinar | June 23, 2021 | 1:00 PM EDT / 12:00 PM CDT / 10:00 AM PDT
 
Women in Export - Succeeding in the China Market
Webinar | Thursday, June 24, 2021 | 3:00 PM ASET / 1:00 PM China / 12:00 PM Vietnam
 
ASEAN & China Pharma Markets - Pharmaceutical R&D and Manufacturing
Webinar | June 29, 2021 | 3:00 PM Vietnam / 4:00 PM China / 9:00 AM UK
 
How to Manage Risks in Your China Joint Venture
Shanghai | Seminar | Webinar | July 8, 2021 | 4:00 PM China | 9:00 AM UK
 
 
 
 
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