23 NOVEMBER 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:

Curated by Chris Devonshire-Ellis

There’s been a lot going on this week with numerous regional summits and a World Cup Final tournament kicking off, we discuss the East Asian 2022 Summit declaration and a critique of attitudes towards Qatar in addition to a highly regarded video concerning BRICS expansion and its impact upon the West. Back to business, we delve into China business corruption issues and opportunities in the country’s rapidly developing sportswear market. In ASEAN, we look at Vietnam’s Fintech sector, travel to India’s Chandigarh in search of FDI opportunities, and look at where the UK is in current Free Trade negotiations. Kyrgyzstan’s financial services market is booming – we look at the reasons why, while China's purchase of Uzbeki gas has jumped over 50%. We take a look at the Russian Far East – where billions of dollars of Chinese Yuan are being spent in linking the region to China’s North-East, and specifically, its eastern seaboard. We complete the issue with our usual BRI global investment round up.

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CHINA
China’s Sportswear Market: Opportunities and Challenges for Foreign Players
China’s sportswear market is set to become the world’s largest, propelled by government initiatives, changing trends, and growing health awareness. We discuss the sportswear market trends and unique challenges and opportunities for foreign stakeholders in China.
 
How to Prevent and Deal with Corruption in Your China Business
Foreign companies and multinationals in China can be vulnerable to internal corruption. Lapses in judgment or inadequate defense procedures may make them liable for crimes committed by employees. It is therefore imperative that all companies in China understand the types of behavior that are illegal under China’s criminal and anti unfair competition laws. In this article, we discuss China’s legislation on commercial corruption and offer advice on preventing acts of fraud, embezzlement, and bribery in China-based businesses.
 
ASEAN
The 17th East Asia Summit Declaration: Analysis & Opinion
The 2022 East Asia Summit (EAS) concluded last week having been hosted by Cambodia. The EAS is a regional forum that includes the 10 ASEAN countries of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Other members include Australia, China, India, Japan, New Zealand, and South Korea, along with Russia and the United States. Female Empowerment, SME Finance, and Volunteerism are all the new focus items.
 
Google Wallet’s Arrival Highlights Fertile Fintech Sector in Vietnam
The announcement sees Google Wallet join a long line of fintech apps all vying for a piece of Vietnam’s US$14 billion fintech market. It’s not just in payments that fintech solutions are taking off. A range of mobile apps targeting stock market trading and investment, along with money lending, have all come online in recent years.
 
BRICS
The BRICS is Expanding, Should The United States Be Concerned?
A well-received video interview with Chris Devonshire-Ellis from the Syriana network.
 
Intra-BRICS 2022 trade
With the BRICS nations in the news due to a considerable planned expansion of the bloc by another 13 nations, we look at the current intra-BRICS trade. China is very much the lead nation.
 
CENTRAL ASIA
China Increases Gas Imports From Uzbekistan By 52.5% In 10M 2022
Uzbekistan is among the prioritized gas exporters for China in the Central Asia region. The country ranks fifth in terms of natural gas supplies to China, behind Turkmenistan in first place, followed by Russia, Myanmar and Kazakhstan.
 
Money To Be Made In Kyrgyzstan’s Financial Services Sector
Kyrgyzstan’s financial sector has enjoyed a considerable increase in revenues from January through September 2022, according to the National Statistical Committee of Kyrgyzstan. According to them, in the first 9 months of this year, Kyrgyz financial organizations generated about US$888.1 million, an increase of about 1.6 times compared to 2021.
 
INDIA
India, UK FTA Negotiations: Key Updates
Under British PM Sunak, FTA talks are underway to prioritize business interests – but no deadline has been set. We discuss the areas of trade and regulatory cooperation.
 
Investing in Chandigarh, Northwest India: City Profile and Key Industries
The northwestern Indian metropolis of Chandigarh is among the country’s wealthiest regions, known for its beauty, urban infrastructure, and good living standards. Chandigarh’s development agenda is aligned with most Indian states and puts renewable energy, low carbon industries, and the IT sector at the center of the city’s growth, creating several opportunities for foreign investment.
 
MIDDLE EAST
East-West Divides Reappear As Qatar Faces Intense Criticism Over FIFA World Cup Finals
We are tempted to ask whether ‘Western values’ now include ‘the ability to complain too much.’
 
China and Hong Kong’s Bilateral Trade and Investment Outlook with Qatar
As the FIFA 2022 World Cup kicks off in Qatar, we discuss the country’s bilateral trade and investment relations with China and Hong Kong. China has been heavily involved in Qatar’s infrastructure expansion, including building the Lusail Stadium for the 2022 World Cup, where the Final will take place.
 
RUSSIA
Russian And Chinese Governments Discuss Intergovernmental Development Of Russian Far East
Plans To Coordinate Trade & Development Between Far East Russia And North-East China, Regional Bilateral Trade Up 45.5%.
 
BELT & ROAD INITIATIVE
Belt And Road Weekly Investor Intelligence #108
All the latest international investment intelligence from across China’s Belt and Road Initiative.
 
 
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