×
More Information

China’s Economy Expands 5.3% in Q1 2024

2024-04-17
China Q1 2024 GDP growth beat forecasts thanks to high output and activity in key manufacturing and service sectors, setting the country on track to achieving its annual economic growth targets. Several areas of the economy continued to recover between January and March following many months of low growth, including foreign trade and added value output of foreign and private companies. We break down the latest economic indicators and discuss China’s growth prospects in 2024.
Get Asia Briefing's Daily Updates Free on

Featured Business News

Vietnam Briefing

ESG Focus Among Foreign Businesses in Vietnam: VBF Report Highlights

04/18/2024

ESG (environmental, social, and governance) matters are among key priorities for foreign businesses in Vietnam to facilitate business expansion while meeting sustainable development goals.

China Briefing

China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services

04/18/2024

China has launched a pilot program to relax foreign ownership restrictions on certain value-added telecommunication services, aiming to attract foreign investment and enhance market activity.

Vietnam Briefing

Vietnam-Spain Bilateral Relations: Trade and Investment

04/16/2024

Vietnam and Spain have developed relatively close relations over the last few decades, with a bilateral relationship based primarily on trade. Spain’s imports from Vietnam have grown substantially as the latter country has become a prime destination for manufacturing, as more countries look at reshoring from neighboring China.

India Briefing

Apple’s Contract Manufacturers and Component Suppliers in India

04/17/2024

We discuss Apple’s strategy of diversifying away from its heavy reliance on Chinese manufacturing and list its contract manufacturers and local suppliers in India.

Middle East Briefing

Navigating UAE Tax Compliance: Insights from the FTA’s Taxpayer Charter

04/17/2024

The UAE Taxpayer Charter outlines taxpayer obligations for compliance with tax laws and educates them about their rights, with the goal to establish greater transparency and mitigate tax avoidance.

ASEAN Briefing

Thailand Contemplates Protective Tariffs on Chinese Imports Amidst Surging Trade Deficit

04/16/2024

The Thai government is considering imposing a seven percent value-added tax on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones to protect local businesses being impacted by the flood of cheap imports.

Never miss an update

Latest Guides and Reports See More

Navigating China’s New Company Law: A Guide for Foreign Investors

12/20/2023

From stricter capital injection rules to enhanced corporate governance, the changes introduced in the New Company Law have far-reaching...

Corporate Tax Planning for Businesses in Vietnam in 2024

12/20/2023

Vietnam has a highly competitive tax structure, which has attracted foreign investors across a spectrum of industries. In this tax report...

Inside India's Manufacturing Revolution: Strategies and Insights for Business Success

12/20/2023

India is emerging as an important manufacturing destination in Asia due to several factors. We discuss market entry strategies for foreign...

Unlocking ESG Reporting Requirements in Singapore

12/20/2023

In Singapore, Environmental, Social, and Governance (ESG) reporting is increasingly vital as businesses recognize the necessity of...

Asia Business and Investment Portals

Choose which Country you’d like to begin exploring.

Click to explore on our Doing Busines portal in China
Click to explore on our Doing Busines portal in India
Click to explore on our Doing Busines portal in Vietnam
Click to explore on our Doing Busines portal in Indonesia
Click to explore on our Doing Busines portal in Singapore
Click to explore on our Doing Busines portal in Hong kong
Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
CONTACT OUR PROFESSIONALS HERE

ASEAN

Understanding Personal Data Protection in Singapore

04/18/2024

The Personal Data Protection Act (PDPA) provides baseline protection for personal data in Singapore.

Jump to ASEAN:
Country Guide Portal
Publications

China

China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services

04/18/2024

China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.

Jump to China:
Country Guide Portal
Publications

India

India-Mauritius DTAA Amendment Closes Tax Avoidance Loophole

04/17/2024

India and Mauritius have agreed to abide by recent DTAA revisions, which include a PPT clause to prevent any unjustified tax avoidance.

Jump to India:
Country Guide Portal
Publications

Vietnam

ESG Focus Among Foreign Businesses in Vietnam: VBF Report Highlights

04/18/2024

We discuss findings from the VBF’s survey of foreign business stakeholders in Vietnam, including progress and concerns over ESG priorities.

Jump to Vietnam:
Country Guide Portal
Publications

Middle East

Middle East Briefing

Dubai Introduces New Judicial Authority to Resolve Conflicts Between DIFC and Local Courts

04/18/2024

Dubai has introduced a new judicial authority to address jurisdictional conflicts between DIFC Courts and local judicial bodies, with the goal of streamlining legal proceedings.

Jump to Middle East:
Publications

 

WHO WE ARE

Asia Briefing publishes articles, magazines, and guides on doing business in Asia.
It has been produced by Dezan Shira and Associates since 1999.

ASIA BRIEFING DEZAN SHIRA & ASSOC. ASK US A QUESTION
Back to top