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.
Critics warn of imperial fantasy but the economic and political forces pulling the UK back to the region are real.
Beijing and Brussels are trying to finalise what has been described as ’the biggest investment agreement’ in history. But will it ever be ratified?
Hong Kong democracy activists have warned the EU it must not ratify its planned new investment deal with China at a time when Beijing is tearing up international obligations to the people of Hong Kong.
China has sent fresh signals it is seriously considering the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as part of the Asian giant’s new drive to boost further trade integration.
The China-EU comprehensive investment agreement (CAI) addresses important issues of market access, regulatory cooperation and sustainable development, but does not include sections on investment protection and ISDS.
In a more open market, Chinese products will face fierce competition from low-end products made by Southeast Asian countries with comparative advantages in labor and land, and high-end products by developed countries like Japan and South Korea.
The Chinese government has officially ratified the Regional Comprehensive Economic Partnership (RCEP) agreement, Minister of Commerce Wang Wentao said Monday.
China stands ready to work with other countries to achieve mutual benefits on the basis of greater mutual opening,” Premier Li Keqiang said.
GI is a label used for identifying the geographical origin of a product, and is an important type of intellectual property right.
China’s plan to build a global rapid logistics circle for goods by 2035, which will likely boost China’s trade with major economies in the EU and Asia.
Tai called on China to live up to the commitments in its trade pact with the US and wants to accomplish similar goals as her predecessor but in a more process-driven manner.
US trade representative nominee Katherine Tai has said implementing the new free trade agreement between the United States, Canada and Mexico will be a priority.
Mauritius already plays an important role as an investment entrepôt for the subcontinent. This likely makes Sino-Mauritian ties even more important for the rest of the continent to watch.
A Chinese-based construction company, Beijing Everyway Traffic and Lighting Tech Co Ltd is claiming USD55 million from Ghana for cancelling a contract it awarded it to develop an intelligent traffic management system for the country.
In the EU-China Comprehensive Agreement on Investment is expected to face intense resistance from some European lawmakers, while international unionists, who say the pact will do nothing to stop human rights abuses or protect labour rights in China, have vowed to ramp up pressure over the deal.
If decoupling is not in the cards, the United States must find a way to ensure trade improves the lives of workers – on both sides of the Pacific.
Negotiating FTAs can be a challenge as it involves an element of give and take. Since companies trade and not countries, some benefit while others lose out.
As London eyes entry into Quad, Beijing looks to New Zealand for opening.