The Putin-Xi Summit – Their Joint Statement and Analysis

2023-03-22

In a statement largely derided in the West, the Chinese and Russian Presidents have released a “Joint Comprehensive Strategic Plan For A New Era” following their Moscow summit. Yet much of the West’s political commentary focusses only on their security concerns and omits wider global interests. In this article, we analyse the complete statement and unpack what it means, the implications of this, and the implied upcoming changes from a multipolar perspective.

Featured Business News

China Briefing

China’s Market Regulator Issues Guidelines on the Use of “Absolute Terms” in Advertising

03/23/2023

These new guidelines aim to reduce excessive or unfair punishment of companies for the use of superlative language and also offer valuable insight into how China’s advertising legislation will be enforced. Foreign businesses are advised to be aware of how and when superlative language can be used in advertising in China.

ASEAN Briefing

Singapore and Vietnam Sign MoUs to Enhance Economic Cooperation

03/23/2023

Singapore and Vietnam have signed several Memoranda of Understandings (MoU) to enhance economic cooperation. These enhance collaboration on trade, the green-digital economy, and maritime and port cooperation. We explain the details and the opportunities they present for furthering trade and investment between these two ASEAN countries.

India Briefing

India, UK FTA Negotiations: Key Updates

03/22/2023

Both sides have stated that the talks have enjoyed “good, positive” momentum. Now, British stakeholders are hoping that regulatory barriers are cleared to facilitate trade through digital services and digitally enabled services. However, a data bill is currently with India’s parliament and could impact the FTA negotiations. We discuss the details and what has been agreed thus far.

Vietnam Briefing

Investing in Vietnam’s Startup Sector: Latest Issue of Vietnam Briefing Magazine

03/22/2023

The latest issue of Vietnam Briefing Magazine, titled “Investing in Vietnam’s Startup Sector”, is out now and currently available to subscribers as a complimentary download in the Asia Briefing Publication Store. In this issue: Startup trends in Vietnam / Key startup sector drivers / Human resources challenges for startups.

China Briefing

China to Lift Restrictions on Australian Coal Imports

03/22/2023

China has reportedly removed all the remaining restrictions on Australian coal imports, signaling an end to trade restrictions imposed in late 2020. The move will further enhance the business confidence of those engaging in bilateral trade between the two countries. In this article, we discuss the latest developments and their impact on Sino-Australian bilateral trade and future relations.

ASEAN Briefing

Philippines Ratifies RCEP Agreement: Opportunities for Businesses

03/22/2023

The Philippines Senate has officially ratified the Regional Comprehensive Economic Partnership (RCEP) Agreement, making the country the last signatory aside from Myanmar to conclude this significant trade deal. Having signed off the RCEP, we discuss prospects in key growth sectors in the Philippines – agriculture, BPO, and electronics.

03/25/2023
Vietnam to Ease Visa Requirements to Boost Tourism Industry

ASEAN Briefing
03/24/2023
India’s Exports to the UAE Projected to Reach US$32 Billion in FY23

India Briefing
03/24/2023
New Debt Mutual Fund Rules in India to Take Effect on April 1, 2023

India Briefing
03/24/2023
Vietnam News in Brief: Weekly Roundup March 24

Vietnam Briefing
03/24/2023
China's Corporate Social Credit System: What Businesses Need to Know

China Briefing
03/24/2023
Childcare Leave in China (Last Updated on March 24, 2023)

China Briefing

The Bigger Picture

Silk Road Briefing

Egypt Becomes A Member Of The BRICS New Development Bank

03/23/2023

Egypt joins the original five members along with Bangladesh and UAE in acquiring a position within the BRICS bank equity, as BRICS+ becomes a reality.

Russia Briefing

Proposals Made For Establishing A Joint Russia-African Bank

03/23/2023

Proposals have been made by Burkina Faso for a Russia-Africa Trade Policy Bank to better service pan-African Russia trade. We discuss the likely interested trade investment parties.

Middle East Briefing

UAE Central Bank Issues Digital Dirham Strategy

03/23/2023

The proposed Digital Dirham, or CBDC is a risk-free form of digital money issued and guaranteed by the central bank and serves as a secure, cost-effective and efficient form of payment and a store of value. We discuss the banks roll out strategy and when it will likely be operational.

Middle East Briefing

China and The Developing Multipolar Order in the Middle East

03/21/2023

The recent Iran / Saudi Arabia agreement lays out a step-by-step program on re-instating severed relations between the two nations. This was brokered by China and speaks volumes about Beijing’s growing influence in the Middle East. We discuss the implications.

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The BRICS is Expanding, Should The United States Be Concerned?

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ASEAN

Vietnam to Ease Visa Requirements to Boost Tourism Industry

03/25/2023

Vietnam is seeking to ease visa requirements for foreign visitors. Among the changes being discussed is increasing the duration of e-visas to 45 days.