African countries want to trade more with their partners on the continent – through the African Continental Free Trade Area (AfCFTA) agreement that launched operations on 1 January – but will that hurt big trading partners like China?
The country is actively conducting research on joining the CPTPP, the Ministry of Commerce said.
The new EU-China Comprehensive Agreement on Investment will eventually be judged by its implementation and the concrete steps China takes to fulfill its promises. If European firms do not perceive any improvement, and China makes no progress on labor standards, the pact might come to represent an empty gesture.
The CAI will not transform China into an open investment regime nor will it provide new market access opportunities for most European businesses.
China’s free trade agreement with the small island-nation of Mauritius came into effect in January, increasing the Asian powerhouse’s presence in the Indian Ocean where its regional rival India has long dominated.
If the latest flare ups over the contentious territorial issues and popular anti-China sentiments in the region are anything to go by, it seems likely that uncertainty over domestic ratification of the RCEP agreement by the signatory states would persist in the days ahead.
As its economy maintains recovery momentum, the country aims to attract foreign investors this year by encouraging investment in more industries, shortening negative lists for foreign investment, and further expanding the free-trade network.
The open statement notes that the agreement appears not to take into account the steep deterioration of rights and freedoms in the mainland.
China and New Zealand signed a deal upgrading a free trade pact to give exports from the Pacific nation greater access to the world’s second-largest economy.
Analysts point to unrealistic goals in original deal with United States, and overall trade goals may continue to remain elusive in this year.
The EU-China agreement-in-principle on investment includes language that would aim to prevent forced technology transfers, and describes a “positive list” approach for market access.
Potential gains not worth cost of overlooking ’blatant human rights violations’ in Xinjiang, Hong Kong, Tibet, and against Taiwan’: French senator
AsiaPhos has been in discussion with the Chinese Government (since November 2017) for a settlement in relation to the cessation of the mining activities because of the Panda Park.
If both the US and China join the CPTPP, and it becomes the world’s largest free trade agreement, then the RCEP would recede in significance. CPTPP, comprising both the US and China, sensing more economic benefits in committing to the RCEP.
China will complete the necessary domestic approval procedures for the Regional Comprehensive Economic Partnership agreement within six months, the Ministry of Commerce said.
Ukraine has started preparations for negotiations on new agreements on a free trade area (FTA) with Egypt, Jordan, Indonesia and China, Minister of Economic Development, Trade and Agriculture Ihor Petrashko has said.
France will insist on a ‘calendar’ for Beijing’s reforms instead.
Draft text shows Beijing looked to withhold telecoms sector benefits to firms from countries with restrictions on Chinese telecoms companies.
South Korea plans to speed up negotiations on free trade in the investment and services areas with Russia and China, President Moon Jae-in said.