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Trade Development News
- Apr 28
- 1 min
Japan approves world's largest trade deal including China, ASEAN
Japan's parliament approved Wednesday the world's largest free trade deal, signed by 15 Asia-Pacific countries including China and the 10-member Association of Southeast Asian Nations, raising the possibility for the pact to enter into force later this year. The Regional Comprehensive Economic Partnership will create a free trade zone covering about 30 percent of the world's gross domestic product, trade and population. It will be Japan's first trade deal involving both China
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Trade Development News
- Apr 28
- 3 min
Asian Development Bank: Developing Asia to Grow 7.3% in 2021 Even as COVID Lingers
According to a new report from the Asian Development Bank (ADB) economic growth in developing Asia is set to rebound to 7.3% this year, supported by a healthy global recovery and early progress on coronavirus disease (COVID-19) vaccines, The projected resurgence follows a 0.2% contraction last year, according to ADB’s flagship economic publication, Asian Development Outlook (ADO) 2021, released today. The region’s growth is forecast to moderate to 5.3% in 2022. Excluding the
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Trade Development News
- Apr 16
- 2 min
China’s FDI inflows surge at fastest rate in 13 years during first quarter, surpassing pre-pandemic
10,263 new foreign-invested companies were established in China during the first three months of the year Data from the Ministry of Commerce comes as China continues to court foreign businesses while the United States is looking to help American companies exit the Chinese market Foreign direct investment in China grew at the fastest pace in more than a decade during the first quarter of 2021, according to data released by the Ministry of Commerce on Thursday.
The news came am
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Trade Development News
- Apr 14
- 3 min
OFFICIAL CHINA TRADE DATA: China’s 31% March Trade Bounce Confirms Covid Comeback
Official China Trade Data from our partners at Trade Data Monitor based on official HS Customs data on all commodities. It was March 2020 that marked the depths of the Covid-19 economic crisis. Factories closed. Shops shuttered. Consumer locked their doors and wallets. Last month’s Chinese exports signals that the global economy has found its way back. Spring is here. Wallets are open. In March, Chinese exports increased 30.7% year-on-year to $241.1 billion. That’s significan
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Trade Development News
- Apr 9
- 1 min
Celebrate or Commiserate? Taking stock in the world of customs and international trade
Pleased to share the PWC Asia Customs & Trade February / March 2021 issue of Trade Intelligence which includes the following highlights: · Lead Article - Celebrate or Commiserate? Taking stock in the world of customs and international trade · ASEAN signs MRA impacting automotive products · Korea-Central America FTA enters into full force · China releases draft administrative measures on approved exporters · India’s digitisation initiatives · Revocation of excise duty exemptio
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Trade Development News
- Apr 9
- 1 min
Asia market access for companies who want to build a sales pipeline & test the market for expansion
For over 11 years KW Group have been at the centre of FDI, Trade & Supply Chain Digitalisation in Asia. We work extensively with Donors, Governments, Associations and Enterprise clients to support FDI, Trade & Supply Chain Digitalisation, Anti Illicit Trade, Trade Intelligence and Technologies. As part of larger global networks we also support regional clients across Asia and The Pacific to expand in Europe, Middle East, Africa, North America & Latin America. WHY WAIT TO ACCE
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Trade Development News
- Apr 7
- 1 min
Which Asian Economies Have the Most Sustainable Trade Policies?
Fantastic insights by Visual Capitalist and Hinrich Foundation on the effects of sustainable trade across Asia: To say that Asia has benefited from international trade is an understatement. By opening its economies to the rest of the world, the region has become a leading exporter in many of today’s most important industries. Trade has also improved Asia’s quality of life, lifting over one billion people out of poverty since 1990. Without the proper controls, however, such ra
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Trade Development News
- Apr 6
- 1 min
US and Japan plan 'Belt and Road' alternative for Indo-Pacific
Japan and the U.S. will draw up guidelines on supporting the development of high-quality infrastructure, including 5G wireless and hydrogen power, in the Indo-Pacific and elsewhere as a counterweight to China's Belt and Road initiative. The two allies aim to reach an agreement to expand cooperation on foreign infrastructure construction when Japanese Prime Minister Yoshihide Suga and U.S. President Joe Biden meet at the White House on April 16. The leaders will discuss promot
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Trade Development News
- Apr 5
- 2 min
World Bank - Uneven Recovery Ahead: East Asia and Pacific Economic Update, April 21
The World Bank’s projections suggest that the region will bear the scars of COVID-19 for many years to come. The Asia-Pacific region will experience a lopsided recovery from the economic effects of the coronavirus pandemic, the World Bank said in its latest economic outlook for the region, due to uneven containment of the disease and widely varying vaccine distribution timelines. The World Bank’s East Asia and Pacific Economic Update, released on March 26, predicts that the r
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Trade Development News
- Apr 5
- 1 min
Asia FDI, Trade & Investment Intelligence Supporting Economic Recovery
For over 11 years we have been at the centre of FDI, Trade & Investment in Asia: Inbound & Outbound FDI, Trade & Supply Chain Digitalisation, Anti Illicit Trade, Intelligence, Technologies & Market Access from our HQ in Malaysia. KEY SERVICES · Technical Consulting - Donors, Governments & Technologies · In Market Representation · Investment Lead Generation and Investment Outreach (By Region and By Sector) · FDI Consultancy, Marketing & Communications Strategy · Corporate Site
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Trade Development News
- Mar 11
- 1 min
US-China: AmCham China Survey Shows US Firms Optimistic About Market Growth
Only 12 per cent of the 345 US firms surveyed by the American Chamber of Commerce in China said the investment environment was deteriorating This represented the lowest proportion since the question was first introduced in the 2012 survey As China-US relations face some uncertainties, a survey by the American Chamber of Commerce in China (AmCham China) said that most US companies expect a rosy year for their business growth in the world's second-largest economy, citing China'
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Trade Development News
- Mar 10
- 3 min
OFFICIAL JAN & FEB CHINA TRADE DATA REPORT
Exports to U.S., EU Drive China Export Comeback - Official January & February China Trade Data insights from our partners at Trade Data Monitor, authored by Chief Economist, John W Miller For a copy of the latest trade data for China and other countries email: andrewk@kwconfex.com The global economy appears ready for a strong rebound from the Covid-19 pandemic. Shipments from China, the world’s top exporter, increased a whopping 60.6% year-on-year to $468.9 billion over the f
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Trade Development News
- Mar 10
- 2 min
UN’s AI tool helps developing countries win trade deals
Interview with Mia Mikic, former Director of Trade, Investment and Innovation Division, UNESCAP from 'Government Insider' The United Nations’ AI tool gives countries advice for negotiating trade deals. It suggests who to negotiate with, advocates which tariffs to lower, and lays out the benefits of each reduced tariff. This could be a game-changer for nations which lack the resources or experience with negotiations. “In many developed countries you have huge teams of people w
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Trade Development News
- Mar 10
- 2 min
ASIA: RCEP to bring 'explosive growth,' fierce competition among parties
The Regional Comprehensive Economic Partnership (RCEP) agreement has been ratified by China and it is hoped that other member countries can speed up their progress and finally reach the threshold of entry into force, Minister of Commerce Wang Wentao said Monday. "The sooner the agreement comes into force, the sooner the people of the member countries will benefit," Wang said on the sidelines of the annual national legislative session. The agreement signed by 15 Asia Pacific c
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Trade Development News
- Feb 26
- 1 min
Dentsu Tracking joins EU-ASEAN Business Council - Supply Chain Digitisation & Fighting Illicit Trade
Dentsu Tracking joins the EU-ASEAN Business Council to support supply chain digitisation and the fight against illicit trade with its tracking and tracing expertise. Managing Director, Philippe Castella said: "Dentsu Tracking is delighted to become a member of the EU-ASEAN Business Council. As the operator of the European Union Tobacco Tracking & Tracing System, we are a trusted partner for authorities worldwide to help implement digital supply chain control solutions based o
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Trade Development News
- Feb 22
- 1 min
UN: New paperless trade agreement see's 10-30% decline in APAC transaction costs
A new international agreement promoting paperless trade officially took effect on Sunday, which analysts said will further leverage advantages of China's huge market and provide broader market opportunities for all Asia-Pacific members. The Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific, a UN treaty deposited with the Secretary General of the United Nations, consists of 25 articles, mainly covering a trade facilitation policy frame
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Trade Development News
- Feb 18
- 2 min
Accelerating Trade Digitalization Amid The Pandemic
A new treaty aims to turn the idea of cross-border paperless trade into a reality Feb 20 marks the entry into force of a new international agreement promoting paperless trade, a timely reminder of how the COVID-19 pandemic has brought digital solutions to regional development challenges into the limelight. Paperless trade across borders has proven an effective way to mitigate trade disruptions since the onset of the crisis, enabling commerce to continue while limiting physica
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Trade Development News
- Feb 18
- 1 min
Can Asean recover this year?
Prior to the pandemic, Southeast Asia had made huge advancements and was forecasted to be the fourth biggest economy by the year 2030. Unfortunately, the Covid-19 pandemic has resulted in economic devastation for Asean, arguably posing the greatest challenge since the region’s formation. However, there are positive signs that Asean can make an economic recovery in 2021. “All Asean nations are involved in the Asean Single Window Live Operation, where trade and cargo flows can
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Trade Development News
- Feb 16
- 2 min
Dentsu Tracking partners KW Group in Asia to support Supply Chain Digitisation & Fight Illicit Trade
We are delighted to announce a new partnership between Dentsu Tracking and KW Group to lead development in the Asia Pacific region. Dentsu Tracking is committed to assist governments and the private sector in the digitisation of supply chains in the region and to support the fight against illicit trade through collaboration with ministries of finance, customs, and enforcement bodies. The company fully supports the regional development of trade digitisation as a driver for eco
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