The US criticised China for failing to fulfil commitments it made in the “phase one” trade deal a year ago to improve protections for the intellectual property of American companies.
Japan’s parliament approved joining the RCEP to aim for it to come into effect from the start of next year. The approval by Japan’s upper house comes after China called for the deal to be ratified to shore up the economy in the Asia-Pacific.
A joint initiative on promoting early implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement has been launched in the east China port city of Qingdao on April 25.
Professor at the East Asian Institute of the National University of Singapore, cautioned that geopolitics now have "too much influence" on world trade, which could pose "great challenges" to the further implementation of the trade deal.
Trade and investment agreements cannot transform China into a Western-style market economy or turn it into a democracy.
The first round of negotiations over the agreement on investments and trade in services between Belarus and China was held online on 7 April.
A 10-year deadline for the ECFA to become a full free-trade deal has passed and neither side has taken action
As a result, although Sino-Iranian relations have developed over the past 10 years in terms of economic, energy, and security relations, and the two countries have similar views on the international system, the security interests of the two countries, especially China, outweigh its economic interests with Iran.
The short-sighted German-driven agreement betrays the European project and poses a major economic and political problem for the rest of the West.
Visiting Chinese State Councilor and Foreign Minister on Monday held a meeting with his Omani counterpart, during which both sides agreed to enhance bilateral cooperation and push forward the free trade zone talks.
Interview with Ryu Mikyung who is the International Director at the Korean Confederation of Trade Unions.
There are several sticking points for new entrants into the CPTPP, especially China.
China is encouraging the early implementation of the Regional Comprehensive Economic Partnership, and members of the Asia-Pacific trade pact aim for it to take effect from Jan. 1, 2022.
China wants to reach a free trade agreement with the GCC states, Chinese Foreign Minister Wang Yi said on the sidelines of his visit to Riyadh.
Diplomatic relations between China and Botswana have grown significantly this year, with the African nation becoming the 46th country on the continent to sign a memorandum of understanding on the China-proposed Belt and Road Initiative.
The EU is due shortly to sign a major investment deal with China, but Germany in particular will be concerned that the sanctions may destabilise economic relations with China.
China will be able to fully fulfill its obligations under the agreement of the Regional Comprehensive Economic Partnership when it enters into force, a commerce official said.
Pakistan is offering access to Gwadar port, a strategic component in China’s Belt and Road Initiative (BRI), to landlocked Central Asian countries in the hope of stimulating activity at the idle facility.
An investment deal between China and the European Union restricts Europeans from investing in Chinese media and entertainment companies but does not block Chinese firms from investing in European ones.
Without thinking about environmental action beyond emissions and enacting binding agreements on protecting workers’ rights, China and the EU fail at making meaningful change for both labour and environmental justice.