Saturday, February 4, 2012

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN





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2point6billion.com discusses investment news and events from the emerging markets of Asia - including India, China and the ASEAN countries. It is produced by the Asian foreign direct business advisors at Dezan Shira & Associates from their offices across emerging Asia.



Politics

Norway May Halt China’s Arctic Council Ambitions

Jan. 27 – Norway could block China’s attempts to gain permanent observer status on the increasingly relevant Arctic Council due to a souring of relations between the countries over the last few years, according to a report on Wednesday in Aftenposten – Norway’s largest newspaper.

“As long as the Chinese authorities refuse to speak to their Norwegian counterparts, it will be difficult for Norway to say yes to a (Chinese) candidacy to become a permanent observer on the Arctic Council,” an unidentified “highly-placed diplomatic source” told the paper. Continue reading

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China, India Keen to Access the Arctic Circle

Jan. 20 – Despite harsh weather conditions, the Arctic is becoming a global hot spot, with non-Arctic countries like China, India and Brazil pursuing “observer” status on the Arctic Council – an intergovernmental body promoting cooperation and environmental protection among countries that have territories in the Arctic area.

Experts believe that the increasing focus in the Arctic is drawn by its abundant natural resources, which will be extracted in the future if the region’s environmental conditions become friendlier and global warming melts more glaciers and sea-ice. Continue reading

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United States Pushes China to Cut Oil Imports from Iran

Jan. 18 – U.S. Treasury Secretary Timothy F. Geithner visited major Asian oil importers China and Japan last week, attempting to gain support for U.S. sanctions on Iran in response to its suspected nuclear weapons program.

On his two-day trip in Beijing, Geithner urged top Chinese authorities to sharply reduce imports of Iranian crude oil, and he informed China of a new U.S. sanction policy that would be imposed on countries which refuse to join U.S. efforts to curb Iran’s oil revenues. Continue reading

Posted in Business, Energy, Markets, Politics | 1 Comment

China Releases 12 Indian Diamond Traders

Jan. 6 – Twelve Indian diamond traders returned home to India around 2 a.m. on Friday morning after spending nearly two years in China fighting smuggling charges.

“We are happy that 12 diamond traders held in China returned to India late last night. We are making all efforts to bring back the remaining traders,” Gems & Jewelry Export Promotion Council Chairman Rajiv Jain told the Press Trust of India. Continue reading

Posted in Culture & History, Politics | Leave a comment

New Issue of DPRK Business Monthly Now Available

Jan. 3 – The latest issue of DPRK Business Monthly is now available for complimentary download. The regular magazine looks at current international, domestic, and peninsular affairs concerning North Korea while also offering commentary and tourism information on the country.

In recent international news, the PRC company Autobase, China’s largest car wash manufacturer doing US$1 million-worth of business a month, installed its latest-model car wash facility, the Tepo-UTO Tunnel Car Wash Machine, in the DPRK capital of Pyongyangin November 2011. Continue reading

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“Dear Leader” Kim Jong Il has died

By Julia Gu

Dec. 19 – The North Korean leader Kim Jong Il has died, the country’s state television reported today from the capital city Pyongyang. He was 69.

Kim had possibly suffered a stroke in 2008, said the report. He appeared to be in fairly good health recently however, when he paid official trips to China and Russia late August this year. It’s reported that the second-generation North Korean dictator, who was a chain-smoker and a gourmet, had diabetes as well as heart disease. Continue reading

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India to “Watch” China’s Moves in the Indian Ocean

Dec. 16 – China’s recent announcement of plans to build a supply and recuperation facility in the Seychelles, an archipelago nation in the Indian Ocean, has triggered speculations about China’s real interests.

“According to escort needs and the needs of other long-range missions, China will consider seeking supply facilities at appropriate harbors in the Seychelles or other countries,” the Ministry of Defense said in a statement on its web site on Monday. Continue reading

Posted in Featured, Politics | Tagged , , , , | 1 Comment


For the latest political news and analysis from South East Asia, visit 2point6billion.com. Stories are contributed by the foreign direct investment experts at Dezan Shira & Associates, who have offices in China, India and Vietnam.



Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


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