At the 8th Strategic and Economic Dialogue talks, the US will press China to improve its business and investment climate. China say it will propose a global investment code at the upcoming G20 summit in Hangzhou. Tsinghua Unigroup’s leadership is unconcerned about the possibilities the new Taiwan leadership may review two of its investments in Taiwanese testing and packaging chip companies. Chinese bidding consortium goes to Malaysia to tout its advantages for the Singapore-Malaysia high-speed rail project. Indian Finance Minister plans to pursue vigorous implementation of a Japan high-speed rail project linking Ahmedabad and Mumbai when he visits Japan at the end of this month. Japanese firms want the United Kingdom to remain in the European Union. South Korean cooperation with Saudi Arabia and Kuwait leads to accelerate of SK Gas Ltd.’s liquid petroleum gas-based gas chemistry business. Frustrated with a stalled legal case, Korea Electric Power Corporation (KEPCO) has decided to pull out of a major Nigerian oil exploration and development project. Indonesia is working hard to finalize all the regulations (new and revised) in its 12 economic policy packages. Global rating agencies seem to like Indonesia’s investment quality. Thailand is pushing Food Innopolis, a food cluster designed to enhance the value of the country’s crops. Vietnam’s inward FDI for the first five months of 2016 grows strongly over the comparable period in 2015. Foreign investors can enter the theater industry in Vietnam.
