Asia-Pacific

  • India: As easy as GST

    August 29, 2017

    The most important tax change in India’s history is rippling through the country’s commercial eco-system. The introduction of a Goods & Services Tax (GST) will almost certainly be positive for companies operating in India in the long term, but teething problems are inevitable.

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  • North Korea – The real threat to East Asian commerce

    August 25, 2017

    North Korea’s decision to test-fire missiles that could potentially reach the U.S. mainland has far-reaching consequences. For businesses operating in East Asia, the greatest risks emanate not from a nuclear war, which is highly unlikely, but from the conflicting responses of China, the U.S., South Korea and Japan to the North’s antics. China has proven itself willing to penalise foreign companies in order to deter any U.S.-led military expansion in the area, but this tactic risks economic retaliation from a U.S. administration that is volubly dissatisfied with China’s trade policies.

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  • The struggle for the South China Sea points towards Beijing’s wider ambitions

    July 31, 2017

    The first anniversary of the International Court of Justice’s (ICJ) Permanent Court of Arbitration ruling that upheld the Philippines’ territorial claims to disputed sections of the South China Sea over Beijing’s assertion of sovereignty passed on 12 July without incident, or any indication Beijing had any intention of abiding by the court’s finding.

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  • China and India’s mountainous impasse

    July 31, 2017

    China and India have been watching each other’s militarisation of the Himalayas with great wariness. Now, a serious dispute has erupted over the demarcation of the Bhutanese border. The dream of the Asian giants as fraternal ‘Brics’ partners looks ever more fanciful.

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  • New president clouds Mongolia’s investment climate

    July 25, 2017

    The election of Mongolia’s new protectionist president increases corruption and regulatory risks for foreign investment in the Mongolian steppe.

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