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Australia, US reaffirm treaty on space exploration, tracking

October 18, 2017

WASHINGTON – The Australian Government has signed a treaty with the US National Aeronautics and Space Administration (NASA), reaffirming a commitment made more than 50 years ago to collaborate on space exploration. The Space Tracking Treaty covers civil space facilities owned by NASA within Australia, including the Canberra Deep Space Communication Complex (CDSCC) at Tidbinbilla, as well as facilities in Western Australia and the Northern Territory.

China’s 19th National Congress: Some key policy points for business

October 19, 2017

BEIJING – Announcements made at the 19th National Congress of the Communist Party in Beijing have significant implications for global trade, investment and security. The following reports touch on some key elements, including Socialism with Chinese Characteristics; China’s anti-graft campaign; Proposed establishment of Communist Party cells within foreign firms; a negative list for market access in China nationwide; and plans to deepen financial reforms.

Affluent market, medical tourism to lift market for drug delivery devices in India: GlobalData

October 18, 2017

NEW DELHI - As GDP per capita increases, India’s affluent market will drive demand for best-in line drug delivery devices and reward innovations in the years to come, says GlobalData in a new report which says the Indian market, which was worth US$411 million in 2016, is on course to touch US$510 million by 2023, clocking a CAGR of 3.1% from 2016 to 2023.

Coalition Against Piracy to target Illicit Streaming Devices (ISDs) in Asia

October 16, 2017

HONG KONG - CASBAA, a trade body serving Asia’s Pay-TV industry, has formed a Coalition Against Piracy to co-ordinate industry resources in the fight against rampant content theft. Neil Gane, an industry veteran in content protection, has been appointed General Manager. He will direct CAP enforcement actions to disrupt, diminish and dismantle pirate enterprises across the region.

IMF raises China’s growth forecast for 2017, 2018

October 11, 2017

BEIJING - The International Monetary Fund (IMF) has raised its forecast for China's economic growth in 2017 and 2018, citing a stronger-than-expected performance in the first half of the year and continuous policy support. In its latest World Economic Outlook, the IMF tips the Chinese economy to grow 6.8% this year and 6.5% next year, both 0.1% higher than July’s forecast.

Vietnam details Draft Law for Special Administrative - Economic Zones

October 13, 2017

HANOI - A draft of Vietnam’s new Law on Special Administrative - Economic Zones has been posted on the Government Portal for public review and commentary. It outlines the foundation for economic zones (SAEZs) located in Van Don (Quang Ninh Province), North Van Phong (Khanh Hoa Province) and Phu Quoc Island (Kien Giang Province).