Belt and Road Investor Intelligence #54

Posted by Reading Time: 2 minutes

Tuesday, November 9, 2021


ASEAN and East Asia are the focal points this week as the ratification of the Regional Comprehensive Economic Partnership (RCEP) means that it will come into effect from January 1, 2022. Including all 10 ASEAN countries, together with China, Japan, South Korea, Australia, and New Zealand – the RCEP will have a huge impact on regional trade and investment. It will be the world’s largest trade bloc, accounting for 30 percent of global GDP at present. Its ratification means this will develop an even larger share in coming years. ASEAN nations in particular are competing for foreign investors looking to access this market of 2.2 billion consumers.

Elsewhere, both India and Russia are busy planning new FTAs of their own, while China is making inroads into South America. Finally, we examine the US-led BRI competitor, ‘Build Back Better World’. We examine what’s in the expenditure and where it’s going.

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ASEAN / RCEP

INDIA

RUSSIA / EAEU

SOUTH AMERICA

UNITED STATES

GLOBAL 

All the latest global media coverage related to China’s Belt & Road Initiative.

 


About Us

Dezan Shira & Associates provide business intelligence, market research, legal, tax and compliance issues for foreign investors throughout Asia, and have 28 offices across the region. We are members of the Leading Edge Alliance, a network of related firms with offices throughout the world. For assistance with Belt & Road Initiative research, please contact us at silkroad@dezshira.com or visit us at www.dezshira.com. To subscribe to our Belt & Road Initiative portal, please click here.