Economy & Trade

Asia Investment Brief: Establishing a Presence in India, e-Commerce in Russia, and Electronics Production in Vietnam

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Our weekly round up of other news affecting foreign investors throughout Asia:

ASEAN BRIEFING

Singapore Companies Act and Limited Liability Partnerships (LLP) Act: Significant Recent Developments

Singapore recently announced amendments to its Companies Act and Limited Liability Partnerships (LLP) Act. Learn more the measures companies need to adopt to become compliant with these key changes.

INDIA BRIEFING

Establishing a Presence in India – Offices, Partnerships, and Companies

A physical presence in India is essential to break into the country’s emerging market. This article breaks down the types of offices and partnership options available to foreign companies while weighing the respective benefits and drawbacks of each one.

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How the UK Can Benefit from China’s OBOR Ambitions

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CDE Op-Ed Commentary

Marco Polo famously traveled from Venice to Xi’an, then China’s capital city, with the impact on his hometown felt for centuries. Even today, ancient trade is still revered in this most beautiful of Italian cities: St. Mark’s Basilica still shows frescoes of Oriental merchants that were involved with the repatriation of the holy remains of the revered apostle being removed to Venice.

Today, Chinese goods are taking tentative steps to connect via rail to European destinations. London, Madrid, Moscow, Milan, and Istanbul are among some 15 European cities that are connected to the Chinese One Belt, One Road (OBOR) rail network. Although these services are not yet fixed, and concerns remain over their cost and other logistical problems, the fact is that the connectivity is in place, and it will be improved.

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Asia Investment Brief: BPO in the Philippines, Waste Management in India, and Vietnam’s Growth Forecast

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Our weekly round up of other news affecting foreign investors throughout Asia:

ASEAN BRIEFING

Business Process Outsourcing in the Philippines

The Philippines’ BPO Sector contributes nine percent of the country’s GDP. Learn more about the opportunities and challenges facing the Philippines’ BPO industry as it continues to register positive growth in 2017.

INDIA BRIEFING

The Waste Management Industry in India: Investment Opportunities

India generates roughly 62 million tons of garbage a year, and India’s waste management sector is expected to be worth US$13.62 billion by 2025. In part one of a three part series, this article uncovers the regulations governing waste management in India and opportunities for private sector participation.

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Dezan Shira & Associates and the US – An Interview with Karen Kehl-Rose of the Leading Edge Alliance

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Karen Kehl-Rose, President of the Leading Edge Alliance

Karen Kehl-Rose, President of the Leading Edge Alliance

Karen Kehl-Rose is the President of the Leading Edge Alliance, an American based professional services network of over 220 professional tax and accounting firms across 106 countries. The LEA member firm combined turnover in 2016 was over US$3 billion, and it is the world’s second largest international accounting association according to the International Accounting Bulletin.

Dezan Shira & Associates are the primary LEA member firm in China. China Briefing discussed American businesses investing in Asia and the role Dezan Shira & Associates have played in introducing China opportunities to the American market with Karen Kehl-Rose.

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Why the UK Election Will Provide a Positive Result for China-Britain Business

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CDE Op-Ed Commentary

The surprise call by the British Prime Minister, Theresa May, to hold elections in early June will be welcomed by Beijing. The Chinese are mindful of British political influence in Europe, which is subject to change as a result of the Brexit vote, and of both political approval from Downing Street, and collaboration over bilateral trade. Despite a recent three year dip in overall China-British trade, there have been some encouraging recent signs of a 2017 recovery, and an increase of British exports to China.

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Why Zhuhai is a Leading Investment Destination in South China

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By Riccardo Ferri

Fixed-asset investments into Zhuhai have grown by an average of 18.9 percent per year between 2011 and 2016, moving from RMB 63.7 billion (about US$9 billion) to RMB 143.6 billion, according to the Zhuhai Municipal Bureau of commerce.

These investments, mainly attracted by infrastructural, industrial, and real estate development, have also boosted Zhuhai’s GDP, making it the main “emerging force” in South China. But why are investors are focusing their attention on Zhuhai? And what are the city’s leading industries?

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China’s Silk Road Development Criteria: It’s Only OBOR If We’re Involved

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CDE Op-Ed Commentary

China’s “One Belt, One Road” (OBOR) initiative has captured the attention of global media, and has been directly linked to Chinese President Xi Jinping’s statements concerning the plan’s development.

A speech given in Kazakhstan in 2013 is often considered the first reference to the OBOR initiative. In the speech, Xi stated that the aim of OBOR was “To vigorously strengthen the practical cooperation and to be good partners with mutual benefit and win-win opportunities. We should turn the advantage of political relations, the geographical advantage, and the economic complementary advantage into advantages for practical cooperation and for sustainable growth, so as to build a community of interests. We should create new brilliance with a more open mind and a broader vision to expand regional cooperation.”

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China Market Watch: Growth in 2016 Outbound Tourism, China’s Northern Airport Cluster

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Chinese outbound tourism spending grew 12 percent in 2016

Data from the United Nations World Tourism Organization (UNWTO) shows that China’s outbound tourism spending grew by 12 percent in 2016, increasing by US$11 billion to reach a total of US$261 billion. China has been the world’s largest outbound tourism market since 2012, and has witnessed double-digit growth in the sector each year.

Top destinations for Chinese tourists include Japan, Thailand, South Korea, the US, and several European countries. The US, Germany, UK, France, and Italy, all included in the top ten rankings of outbound tourism, also recorded strong outbound growth in 2016.

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