11 MAY 2022View 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: China faces deepening zero-Covid pressures with new consumption measures, as we roundup 3 practical explainers for businesses navigating containment. In ASEAN, Vietnam releases its provincial competitive index and growth reforms, Malaysia reopens for tourist and palm oil sectors, and we consider significant expected RCEP benefits to Indonesia. We look at India’s booming retail sector, its EV and Clean Mobility policies, and India’s newly effective India-UAE CEPA FTA. Asia Investment Research provides much-anticipated report, Bangladesh Trade, Development & Economic Prospects in the Emerging Asian-European Supply Chain. We also examine the China-Russia Economic Relationship and the changes in supply chains affecting Central and South Asia regions, in Belt and Road Weekly Investor Intelligence #80.

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CHINA
China Proposes Measures to Boost Consumption in Face of COVID-19
Consumption is crucial to China’s economic growth, but the latest COVID-19 outbreak is derailing progress. A new set of opinions from the State Council proposes solutions to bolster the China consumer market. We break down the proposed measures and their impacts and offer insights into how policymakers aim to stabilize and reform China’s consumption landscape.
China Zero-Covid – Special Business Roundup:
 
ASEAN
The RCEP to Encourage Investments in Indonesia’s Downstream Industries
While Indonesian exports will benefit from the reduction in tariffs between RCEP members, downstream industries are also well poised to receive greater investments. Supported by an abundance of natural resources, Indonesia is actively seeking to climb up the global value chain – transitioning from an exporter of raw commodities to a producer of high-value products.
 
Vietnam’s Governance, Admin Reforms Improve: Provincial Competitive Index 2021
We highlight key features of Vietnam’s Provincial Competitive Index 2021. For the fifth year in a row, Quang Ninh province has topped the list, making the province a role model for growth with its positive business environment. Vietnam’s business environment continues to offer relative stability for domestic and foreign enterprises despite the effects of the pandemic.
 
Malaysia’s Border Reopening: Boost for Tourism Sector, Hiring in Palm Oil Industry
Malaysia is reopening it borders which expects immediate effects for two major industries, tourism, and palm oil production. Travel restrictions resulted in the decline of tourism, while the Ukraine-Russia crisis and bans on crude palm oil and cooking oil exports led to spiraling commodity prices. Tourism and migrant agriculture worker hiring will improve with relaxed entry requirements.
 
INDIA AND SOUTH ASIA
Updates on India’s FTAs in 2022
The India-UAE CEPA came into effect May 1, while the India-Australia ECTA (interim trade pact) was signed into force on April 2. Meanwhile, India-UK FTA negotiations entered a third round in April and new industry and business taskforces were created on May 9 to support a trade deal by year-end. Finally, the EU has sought to reach a trade deal with India by 2024 – before the next electoral cycle.
 
India’s Retail Market: Here’s What’s Driving Consumption
India is an increasingly prosperous nation of nearly 1.4 billion people and represents a huge growth market for retail. Recent reports project the Indian retail industry to grow around 10 percent every year over the next decade and be worth a massive US$2 trillion by the year 2032. In this article, we offer insights into key growth drivers and the top retail growth segments in India.
 
Bangladesh Trade, Development & Economic Prospects In The Emerging Asian-European Supply Chain
Asia Investment Research’s much-anticipated May Issue examines Bangladesh’s recent economic growth and development. Its economy grew annually at 7.8% during 2017-2019, and at 2.4% amidst the pandemic headwinds of 2020, yet FDI rates and development have been inconstant in spots. We analyze Bangladesh's key opportunities and bottlenecks and its rising potential as both a trade bridge between rapidly growing ASEAN and SAARC regions, and supply chain addition to the 'China Plus One' concept.
 
India's Transition to Clean Mobility: Investment Landscape and Future Prospects
This latest issue of India Briefing Magazine looks at how transportation claims a major share in India’s growth story, and factors like technology, accessibility, affordability, and sustainability have been redefining existing mobility solutions. Technological advancements and efforts to transition to cleaner alternatives will impact both automotive manufacturing industry and consumer market choices. We examine these developments, followed by a deep dive of the electric vehicle ecosystem and India’s policies guiding this transition to clean mobility.
 
BELT & ROAD INITIATIVE
Understanding The China-Russia Trade, Investment & Economic Relationship In The Context Of The Ukraine Conflict
China and Russia have grown increasingly close in recent years, including as trading partners, in a relationship that brings both opportunities and risks as Russia reels from tough new sanctions led by the West in response to its invasion of Ukraine. We look at surging trade as bilateral relations grow closer between China and Russia.
 
Belt and Road Weekly Investor Intelligence #80
This week, as the Russia-Ukraine conflict will soon enter its fourth month, supply chains are beginning to react. We take a look at the changing supply chains affecting Europe and Asia, as well as examine southern BRI supply chain developments in Azerbaijan, Georgia, Iran, Turkmenistan, Afghanistan, and Kazakhstan.
 
 
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UPCOMING EVENTS IN THIS MONTH
 
Managing IP Protection When Selling to China via Cross-Border E-Commerce
Webinar | May 12, 2022 | 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CET
 
The RCEP Advantage: Part 3 – Exploring Trade Opportunities in Indonesia
Webinar | Tuesday, May 17, 2022 | 4:00 PM Indonesia / 5:00 PM Singapore / 11:00 AM CET
 
Doing Business in Vietnam 2022 – Opportunities and Challenges for Russian Businesses
Webinar | May 18, 2022 | 2:00 PM MCK / 1:00 PM CET / 6:00 PM GMT+7
 
E-Commerce Markt in China
Webinar | May 18, 2022 | 10-11:30 Uhr MEZ / 16-17:30 Uhr China
 
Counterstrategies for Rising Business Costs in China: Best Practices Sharing
Webinar | May 19, 2022, 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CET
 
US Time Zone - How to Combat Rising Business Costs in China: Best Practices Sharing
Webinar | May 20, 2022 | 9:00 AM PST / 12:00 PM EST
 
Withholding Tax in India 2022: All you need to know
Webinar | May 24, 2022 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
Vietnam's Key Investment Industries and Destinations 2022 - Part 2: Vietnam's High-Tech Industry - Hot Spot Da Nang
Webinar | Wednesday, May 25, 2022 | 4:00 PM Vietnam / 5:00 PM China / 11:00 AM CET
 
St. Petersburg International Economic Forum 2022
St. Petersburg | 3-6th June, 2022
 
The Future of Insurance is Here - InsureTech Connect Asia 2022
Singapore, 7 - 9 Jun 2022
 
 
 
 
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