Many German companies are therefore still hopeful that the current negotiations for an EU-China investment deal can take a decisive step forward this year.
The creation of the AfCFTA could enhance the attractiveness of sub-Saharan Africa as an investment destination and manufacturing base.
The Phase One trade deal had China committing to $30 billion in energy purchases. But US energy exports to China actually shrank by 33% in Q1.
China will welcome India back to negotiations on the Regional Comprehensive Economic Partnership (RCEP) at an appropriate time.
Indications remain that the India government is not keen to revisit the RCEP grouping at present.
Under Prime Minister Narendra Modi, India has been walking a tightrope between the United States and China even as it nurses its own ambitions for global leadership. Horimoto Takenori assesses the role of the Japan-India relationship in this dynamic context.
China will double the number of trials this year for cross-border electronic commerce to promote foreign trade amid the pandemic.
Crucial European demands include subsidies to state-owned enterprises, access to the Chinese market and environmental issues, according to top official.
A China-Israel agreement could strengthen the Chinese influence in the management of the new port at Haifa. This is a scenario that keeps the Americans awake at night.
More hawkish voices have emerged within China on the phase one trade deal with Washington, with some calling for new negotiations and a tit-for-tat approach on spiraling trade issues.
Any potential trade deal will be more about what the US can take from Britain’s markets rather than what it will give, with big pushes to open up agricultural and pharmaceutical sectors to American businesses.
"The targets were never realistic; they were just gaudy numbers meant to impress. The pandemic made the unrealistic the impossible."
The Khhyber Pakhtunkhwa business community on Tuesday called for signing of a Pak-Afghan Free Trade Agreement (FTA) on the pattern of FTA inked with China.
Economic complementarity, lower shipping costs and the upcoming Regional Comprehensive Economic Partnership (RCEP) will substantially expand bilateral trade between China and the Association of Southeast Asian Nations this year.
The RCEP bloc has written a letter seeking India’s return and expressed willingness to discuss the demand for measures that prevent dumping and safeguard mechanisms to check influx of cheap Chinese goods
In recent years, observers have questioned whether investor–state arbitration will or should be a feature of the next generation of free trade and bilateral investment treaties.
Trump raised concerns of a resumption of economic hostilities with China, threatening to withdraw from the trade deal if Beijing’s purchase pledges come up short.
Chinese Ambassador to Cambodia said the second round of FTA negotiation had just taken place through the teleconference and both sides had reached broad consensus.
Given China’s influence gradually ebbing as a major supply chain hub in the region and Japan and Japan asking its investors to withdraw from China, new opportunities emerge for India to woo investment from these nations.
Stepping into the role that the United States could have had at the helm of TPP, Beijing has offered a deal that puts it firmly in a leadership role. Through RCEP, the future of the broader Asia-Pacific economy has a diminished role for the United States.