Belt And Road Weekly Investor Intelligence #118   

Posted by Reading Time: 2 minutes

Tuesday, January 31, 2023             

Compiled by Chris Devonshire-Ellis     

China is showing strong signs of an economic rebound amidst pent-up demand at home and abroad, we examine the trends in several articles that all point to the same direction: growth. Arguably the news with the greater long-term global impact is the connection of Russian and Iranian banking networks as countries look for SWIFT alternatives.

Central Asian trade continues to be robust, while we look at increasing ties between Pakistan and Russia, and China with Turkiye. We have important tax updates in the UAE as compliance is pending with June 1st deadline for a new tax regime. Finally, we look at the Russian Far East, bordering China, where foreign direct investment increased by 23% in 2022.

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CHINA      

Travel and Consumption Recover Over the 2023 Chinese New Year Period

New consumer trends emerge amidst a China recovery.

China Import and Export Licensing Management in 2023: List of Goods Impacted

Valuable data for all China import-export businesses home and abroad.

Prospects for European Companies in China in 2023

European investment in China skyrocketed in 2022. We look at what 2023 holds.  

China Now Worlds Third Largest Auto Exporter

China has overtaken the United States in auto exports and may soon overtake Germany.

CENTRAL ASIA         

Kazakhstan Eyes Increased 2023 Foreign Direct Investment Worth US$25 Billion

Kazakhstan’s position on the Euro-China Middle Corridor makes it a Central Asian FDI hotspot.

Uzbekistan-Tajikistan 2022 Trade Up 11.3%

Uzbekistan and Tajikistan continue to place a high premium on the growth of bilateral trade and economic cooperation.

PAKISTAN    

Pakistan-Russia Trade & Investment Relations

A lot of work is to be done as Foreign Ministers meet in Moscow.

MIDDLE EAST         

Iran and Russia Connect Financial Payment Systems

The move is the first bilateral step for a growing trend of bypassing the US-controlled SWIFT banking network.

Updates on the UAE’s New 9% Corporate Income Tax Charges and Applicability

Corporate updates and allowances – important compliance issues as June 1st approaches.

TURKIYE

China’s 2023 Trade and Investment with Turkiye: Development Trends

China is a leading Asian foreign investor in Turkiye. As of 2022, China had 1148 registered businesses in Turkiye with a total investment of just over US$1 billion.

RUSSIA       

2023 Investment Trends & Incentives In The Russian Far East

Bordering China, foreign investment in Russia’s Far East increased by 23% in 2022.

Investors From ‘Friendly Countries’ To Have Easier Access To Russian Markets and Investment Capital       

Tax incentives and market opportunities for Russia’s allies.

About Us

Dezan Shira & Associates provide business intelligence, market research, legal, tax and compliance issues for foreign investors throughout Asia, and have 28 offices across the region. We are members of the Leading Edge Alliance, a network of related firms with offices throughout the world. For assistance with Belt & Road Initiative research, please contact us at silkroad@dezshira.com or visit us at www.dezshira.com. To subscribe to our Belt & Road Initiative portal, please click here.