Intellectual property in ASEAN

Intellectual property rights are gaining importance in ASEAN countries. The ASEAN Intellectual Property Action Plan 2016-2025 provides for the strengthening of intellectual property offices, the development of regional platforms, an inclusive IP ecosystem and the promotion of asset creation. Around 75% of the plan has already been implemented. Future priorities include harmonizing intellectual property rights,… Continue reading Intellectual property in ASEAN

China’s Strict IT Compliance Competes with RCEP

The world’s largest free trade agreement, the Regional Comprehensive Economic Partnership (RCEP), has been in effect since Jan. 1, 2022. It allows companies in participating countries to engage in cross-border partnerships, tariff reductions and trade simplification. Over the next 20 years, up to 90% of tariffs incurred in the zone are expected to be eliminated.… Continue reading China’s Strict IT Compliance Competes with RCEP

US Companies are Shifting Their Investments from China to South- and Southeast Asia

The survey result of the American Chamber of Commerce in Shanghai indicates that around 20% of the US companies in China are shifting their investments planned for China to other destinations, mostly to Southeast or South Asia. The reasons lie not only in the rising costs, but in a shortage of skilled workers and the… Continue reading US Companies are Shifting Their Investments from China to South- and Southeast Asia