You can write an entire legal dissertation on cryptography law.

This is a good place to start:

http://rechten.uvt.nl/koops/cryptolaw/

> It is believed that AES 256-bit level encryption is not allowed in
> some Asian countries.

Encryption laws vary by country.

Currently, the United States government forbids the export of military
technologies to countries that are on the forbidden exports list:
Belarus, Cuba, Iran, North Korea, Syria, Venezuela, Vietnam.  In
addition, there are provisions forbidding exports to countries which
are currently under a U.S. arms embargo - Burma, China, Liberia,
Somalia, and Sudan.

(reference)
http://pmddtc.state.gov/docs/ITAR/2007/ITAR_Part_126.pdf

The U.S. Arms list used to specifically mention strong (in excess of
56-bit key length) encryption technologies as a munition, but ITAR was
officially revised in April and I can't find a specific reference to
it now.  There are exemptions for personal use.

> I would appreciate if you know anything or better yet have any
> trusted source of information regarding this with respect to Hong
> Kong / Japan /Singapore?

China used to require that you turned over the keys to any encryption
technologies (including SSL) used in the country:

(ref)
http://www.networkworld.com/careers/2004/0315man.html?page=1
http://rechten.uvt.nl/koops/cryptolaw/cls2.htm#prc

Hong Kong is somewhat more complicated, but the laws there are subject
to be overwritten:

http://rechten.uvt.nl/koops/cryptolaw/cls2.htm#hk

Japan currently has no domestic laws or regulations covering the use
of cryptography:

http://rechten.uvt.nl/koops/cryptolaw/cls2.htm#ja
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