India-US Trade Dispute, Renewables in Vietnam – China Outbound
Our weekly round up of other news affecting foreign investors throughout Asia.
ASEAN BRIEFING
Cambodia’s Investment Outlook for 2019
Located between Thailand and Vietnam, Cambodia is an attractive investment destination for businesses looking to expand in ASEAN.
The country has recovered from a troubled and violent 20th century past and aims to now secure a place on the global economic playing field.
INDIA BRIEFING
India-US Trade Dispute: US to Suspend India’s Preferential Tariff Status
In a major setback to India-US trade relations, US President Donald Trump announced his decision to withdraw India’s name from the Generalized System of Preferences (GSP) program on March 5, 2019. The GSP gives businesses from designated beneficiary countries, a preferential or duty-free access to US markets.
Washington has accused India of raising a wide array of trade barriers that prevent American businesses from getting equivalent, if not reasonable, access to Indian markets.
RUSSIA BRIEFING
Nizhny Novgorod Region to Host Russia’s First Private Cosmodrome Near Europe
While Western media attention has turned to the succesful launch and successful docking of the privately owned Space X rocket with the International Space Station, much tends to be overlooked when it comes to Russia’s own space exploration and engineering industry.
SILK ROAD BRIEFING
BRICS New Development Bank on Course to Lend $40 Billion in Green Infrastructure Projects
The BRICS New Development Bank (NDB), owned by Brazil, Russia, India, China and South Africa, will issue bonds in South Africa and commercial paper in US dollars in the first half of this year, according to the bank’s president, K.V. Kamath.
VIETNAM BRIEFING
Renewables in Vietnam: Current Opportunities and Future Outlook
Vietnam is one of the most efficient power markets in Southeast Asia, driven by low-cost resources such as hydro and coal.
The country has achieved around 99 percent electrification with relatively low cost in comparison to neighboring countries.
About Us
China Briefing is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in Dalian, Beijing, Shanghai, Guangzhou, Shenzhen, and Hong Kong. Readers may write china@dezshira.com for more support on doing business in China.
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