On June 27, 2025, the Standing Committee of the National People’s Congress (NPCSC) approved significant revisions to the China Anti-Unfair Competition Law (AUCL). The amendments strengthen protections ...

Overview of China’s REE industry China far outpaces the rest of the world in both the extraction and refining of REEs. Estimates of China’s total REE reserves vary, but it is generally thought to have ...

Da Nang has received approval to develop a free trade zone, which is part of Vietnam's ambitious plan to establish multiple ...

In our Asia Transfer Pricing Brief for Q1 2025, we present the latest updates on transfer pricing in Thailand, Sri Lanka, and ...

Batam has seen growing interest in utility-scale developments, driven by both domestic demand and export ambitions. According ...

China continues to deepen trade ties with Latin America, with beef—a product that accounts for 35 percent of its agricultural imports from the region—emerging as a key area of growth. Recent ...

“Rural revitalization” has become a core government policy to boost overall economic development by focusing on growth in rural areas—where 477 million people still reside as of 2023. The plan also ...

China’s aerospace and commercial space industries are rapidly growing, with the sector projected to be worth over US$900 billion by 2029. The government is increasingly involving private firms to ...

China has rapidly surpassed Germany and Japan in industrial robotics, leading the world with 470 robots per 10,000 employees in 2023. This figure eclipses Germany’s 429 and Japan’s 419, reflecting ...

China’s pioneering start-up DeepSeek has made significant strides in the global AI race with its resource-efficient, open-source models. Despite US export restrictions on critical hardware, DeepSeek ...

China’s GDP in 2024 In 2024, China’s GDP reached RMB 134.91 trillion (US$18.80 trillion), maintaining its position as the second-largest economy in the world, behind only the United States, whose ...