03 AUGUST 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: We focus on Indonesia this week, with a complimentary magazine highlighting Indonesian Special Economic Zones and a 30 minute Vlog case study about Indonesian investment and market opportunities from Dezan Shira & Associates. We examine where Chinese investment has gone into the country and where foreign investors can take advantage by bolting on that. We also discuss the increasing trade and investment ties between Vietnam and the EU.

For China, we cover the important topic of export tax rebates, look at the China 2025 Standards Strategy – both important topics for China manufacturers and exporters, and look at how each of China’s Provinces fared in H1 2022. We look at India’s Gujarat State and its policy to attract semiconductor investment, and how the Abraham Accords are boosting investment flows, both inbound and outbound from Dubai. Finally, our usual BRI investment round up completes this week's news. We hope you find it useful in your business strategic planning.

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INDONESIA
Opportunities in Indonesia’s Special Economic Zones – Latest Issue of ASEAN Briefing Magazine
The latest issue of ASEAN Briefing Magazine, titled “Opportunities in Indonesia’s Special Economic Zones”, is out now and currently available to subscribers as a complimentary download in the Asia Briefing Publication Store. Buoyed by the success of its free trade zones, Indonesia’s government made the development of special economic zones (SEZ) a priority policy in 2014. As of 2022, there are 19 SEZs, of which 12 are in operation and the remaining are in the construction phase. Through the SEZs, Indonesia aims to attract over US$50 billion in foreign investment in the next decade. In this issue: An Introduction to Special Economic Zones in Indonesia; Structuring Available Tax Incentives, Choosing the Ideal Investment Location.
 
Introducing The Giant of South East Asia: Case Study - Dezan Shira’s Market Entry Into Indonesia.
In this 4 part video interview, we speak with Alberto Vettoretti, Managing Partner, to understand the drivers and approach surrounding the firm’s entry into the Indonesia market, and the market’s strategic importance to the firm and its’ ASEAN objectives. We also hear from three of Dezan Shira’s ASEAN professionals regarding Indonesia’s opportunities and “Giant” market characteristics for international investors, as a single market that is geographically well positioned next to Singapore, and in proximity of Australia and the rest of South-East Asia. Vital viewing for any business interested in the Indonesia market.
 
2023 Investment Opportunities in Indonesia
Indonesia has been a big-ticket recipient of Chinese investment for some time. As a trillion-dollar economy in its own right, the country offers opportunities in various sectors and not just infrastructure builds. These include the digital economy, healthcare, and finance, among others. Indonesia is also a huge, yet varied economy with a huge landmass and a significant population. The development of Indonesia in particular shows examples of how Chinese investors have been able to leverage significant million-dollar investments into multi-billion-dollar gains. An example is Alibaba’s initial US$250 million injection into Tokopedia, Indonesia’s largest e-commerce platform. We look at where China has been spending its money and where the opportunities in Indonesia for leveraging from that are.
 
CHINA
China Export Tax Refund Policy: Recent Changes, Documentation Process, Foreign Exchange Management
China has improved the export tax refund policy and traders should note the changes in documentation requirements and penalties for violation. The improvements to the tax refund process are facilitating electronic filing of export tax refund documents and new administration measures to optimize foreign exchange management.
 
China’s Provincial GDP in H1 2022: Who Were the Top Performers?
Over 80% of China’s 31 provinces registered growth in GDP in Q2 and H1 2022, despite domestic and international headwinds dampening the overall economic outlook. In H1 2022, Guangdong continued to lead the country in GDP growth while Ningxia Province recorded the fastest GDP growth and Beijing overtook Shanghai to become city with the largest GDP in China. However, Shanghai retains the economic advantages to quickly retain its title – likely within 2022 itself. China’s eastern regions account for bigger GDP, but the middle and western provinces are growing at a faster rate. China’s economy will grow at around 4% in 2022 as the government does not intend to overheat the economy with flood-irrigation stimulus.
 
The China Standards 2035 Strategy: Recent Developments and Implications for Foreign Companies
Last month, China’s State Administration for Market Supervision (SAMR) and 16 other departments issued the National Standardization Development Action Plan (the Action Plan), laying out specific implementation road maps to the National Standardization Development (NSD) Outline, which were released in October 2021. The Action Plan provides a glimpse into the Chinese state’s strategic approach toward technical standards. We discuss the impact on foreign exporters and investors In China.
 
INDIA
Gujarat’s Semiconductor Policy 2022-27: What Are the Incentives?
India’s Gujarat State, home of Prime Minister Modi, has unveiled its Semiconductor Policy for 2022-27 in a bid to strengthen its electronics system design and manufacturing ecosystem and become part of the sector’s global value chain. The policy seeks to attract semiconductor fabrication units, display fabrication units, silicon photonics and semiconductor assembly, testing, marking and packaging facilities to the state.
 
MIDDLE EAST
The Abraham Accords Are Attracting Chinese & Western Investment In The Middle East
Dubai is repositioning itself as a gateway to hundreds of billions of dollars of Asian investment inflows and outflows.
 
BELT & ROAD INITIATIVE
Belt and Road Weekly Investor Intelligence #92
All the latest investment news and supply chain movements from across the Belt and Road Initiative.
 
 
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Webinar | August 11, 2022 | 4:00 PM Vietnam / 5:00 PM China / 11:00 AM CET
 
 
 
 
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