China Outbound: Freer Flows of Trade, Finance and Talent Between China, ASEAN and Beyond
In this edition of China Outbound, we highlight the recent opening of channels linking China-based investors to the ASEAN region, India and beyond. In terms of trade, this is exemplified by the landmark free trade agreement (FTA) signed this month between Australia and China, an agreement at APEC between the United States and China to abolish tariffs on a range of information technology products, and our how-to guide for sourcing from India. While in the realm of finance, we feature a special report on the launch of the Shanghai-Hong Kong Stock Connect, as well as the procedures for moving capital into and out of Vietnam. Lastly, in the realm of HR talent, we look at visa procedures in ASEAN’s emerging economies, as well as a special look at obtaining a work visa in India.
Australia Secures Far-reaching Benefits in Free Trade Agreement with China
China and Australia concluded a Free Trade Agreement (FTA) on November 17 in Canberra, with Chinese President Xi Jinping and Australian Prime Minister Tony Abbott signing the official document after nearly a decade of negotiations.
APEC Gives Thumbs Up to Future Tariff Reductions Between China & WTO on IT Products
Arguably the biggest chunk of tangible business to come out of APEC this year has been an agreement between China and the United States – and potentially extending to the entire global structure of the WTO – to eliminate tariffs on Information Technology (IT) products, affecting a wide swath of products, from video games to medical equipment.
An Introduction to Sourcing from India, Part 1: India’s Sourcing Edge
Choosing where to source from can be a stress-inducing process. In this excerpt from an article in our latest India Briefing magazine, we discuss some of the key advantages that India possesses as a sourcing destination over one of its principal rivals: China.
Shanghai-Hong Kong Stock Connect to Launch Nov. 17 – Interview with Prof. Terrill Frantz
The Shanghai-Hong Kong Stock Connect officially launched on Monday, November 17, after months of anticipation. The scheme aims to link up the stock exchanges of Hong Kong (HKSE) and Shanghai (SSE), allowing investors in either exchange to trade on both markets.
Transferring Capital and Profit Into and Out of Vietnam
Foreign exchange control is a paramount concern of all foreign investors entering into Vietnam, as regulations on capital inflows and outflows have a great influence on operations and profit. These transactions include transferring capital into and out of the country, opening and using bank accounts, borrowing foreign loans and paying foreign debts, dealing with currency exchanges, government reporting, and handling violations.
Visa Procedures for Myanmar, the Philippines and Indonesia
Myanmar, the Philippines and Indonesia are three attractive emerging destinations for foreign investment and business in Asia. In this article, we explain the processes involved for obtaining business and other visa types in these three countries.
How to Navigate India’s Employment Visa Procedures
Employment visas are an annual headache for foreign businesses and businesspeople in India. With the government announcing plans to relax visa restrictions for Non-Resident Indians, in this article we provide a step-by-step guide to the current process of obtaining an employment visa in India.
Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email china@dezshira.com or visit www.dezshira.com. Stay up to date with the latest business and investment trends in Asia by subscribing to our complimentary update service featuring news, commentary and regulatory insight. |
Establishing your Sourcing Platform in India
In this issue of India Briefing Magazine, we highlight the advantages India possesses as a sourcing option and explore the choices available to foreign companies seeking to create a sourcing presence here. In addition, we examine the relevant procurement, procedural and tax duty concerns involved in sourcing from India, and conclude by investigating the importance of supplier due diligence – a process that, if not conducted correctly, can often prove the undoing of a sourcing venture.
Developing Your Sourcing Strategy for Vietnam
In this issue of Vietnam Briefing Magazine, we outline the various sourcing models available for foreign investors – representative offices, service companies and trading companies – and discuss how to decide which structure best suits the sourcing needs of your business.
ASEAN’s Investment Horizons: Key Industries for AEC 2015
In this issue of Asia Briefing, we forecast the effects of ASEAN Economic Community on foreign investment into the region in the lead up to 2015. Following this, we highlight what is happening in some of ASEAN’s hottest industries for investment, including electronics, information and communications technology, textiles and medical devices. Lastly, we examine the growing potential of bilateral trade between ASEAN and India in light of recent historic developments in the latter.
Adapting Your China WFOE to Service China’s Consumers
In this issue of China Briefing Magazine, we look at the challenges posed to manufacturers amidst China’s rising labor costs and stricter environmental regulations. Manufacturing WFOEs in China should adapt by expanding their business scope to include distribution and determine suitable supply chain solutions. In this regard, we will take a look at the opportunities in China’s domestic consumer market and forecast the sectors that are set to boom in the coming years.
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