Since the UK has free trade agreements with various member states of the RCEP, including Singapore and Vietnam, it could enjoy wider Asia market access.
As a frontier city in the technology industry, Shenzhen’s regulations may be influential in setting national standards for artificial intelligence in China.
Overseas service providers looking at Hainan should note how the negative list for cross-border trade in services will impact market access in 11 sectors.
Vietnam’s Decree 70 stipulates that advertising service providers engaging in cross-border advertising services must abide by regulations on cybersecurity, and the provision and use of internet services, as well as pay tax.
On July 23, 2021, Singapore introduced its latest S$1.1 billion (US$800 million) economic support package as the country returned to Phase 2 restrictions.
India has the third largest fintech ecosystem globally and 67 percent of more than 2,100 fintech entities in operation have been set up in the last five years.