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ARTICLE · 29 MARCH 2022

Checklist: Business Expansion Into Asia-Pacific

This checklist identifies key factors for companies to consider when planning their international business expansion into Asia-Pacific

GlobalCorporate/Commercial Law

This checklist identifies key factors for companies to consider when planning their international business expansion into Asia-Pacific

International business expansion into Asia-Pacific

By most economic indicators, Asia Pacific offers the greatest economic potential in the coming decades.

In 2020, Asia Pacific's total gross domestic product (GDP) was $31 trillion, accounting for 37% of the world's GDP (source: International Monetary Fund). The region is also expected to contribute 60% of global growth by 2030, according to the Asian Development Bank.

Post-pandemic, the swift action of governments in the region and economic resilience has earned the trust of 65% of CFOs as their choice of destination for international expansion plans, according to a survey by HR technology platform Globalization Partners.

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