A round-up of the latest business updates published by our international partner Dezan Shira & Associates.
Minimum Wages in China 2019
Minimum wages in China continue to grow.
In the first six months of 2019, four regions have increased their minimum wages. Last year, 15 out of the 31 regions in mainland China increased their minimum wages, with 20 doing so in 2017.
Investing in Zhejiang Province: A Quick Guide for Foreign Investors
A growing number of foreign firms are choosing Zhejiang as the location for their Chinese investments. The province offers great opportunities to potential China entrants, including a variety of economic development zones. To take advantage of these opportunities, it’s vital to understand the Zhejiang economy and recent foreign direct investment (FDI) trends.
Vietnam’s Industrial Zones – 3 Locations for Your Business
Industrial Zones (IZs) are a popular destination for foreign companies investing in Vietnam. But what are they?
IZs are locations earmarked by Vietnam’s government for the industrial production of goods and services. They often have regionally competitive facilities, infrastructure and logistics, and companies can tap into resources, cost savings and financial incentives provided by the IZ.
Should India be Your China Plus One?
Cheap land and labour, a huge market, and preferential investment policies have long been the driving force behind foreign investment in China. However, China is gradually losing its cost advantage and companies in China are looking to reduce costs and diversify their operations by adding another location in Asia (a strategy known as the ‘China plus one’ model). India was previously considered a more difficult option when compared with other Southeast Asian countries, but many businesses are now giving the country a second look.
Asia Briefing produces hundreds of business intelligence articles, reports and guides, underpinned by Dezan Shira’s expertise in market entry and business operation in China and South Asia.