Pakistan recorded nearly 70% increase in exports to China in the first quarter of 2021, an official said.
CPEC is an essential component of the Belt and Road Initiative, intended on creating new production sites and trade routes to connect China better with the rest of the world.
The situation is less dramatic than people seem to think. The EU is still working very closely with China’s Ministry of Commerce, the bloc’s ambassador in Beijing said.
The EU and US are currently distancing themselves from China — unlike Switzerland as the country sticks to its free trade agreement with the world’s second-largest economy despite mounting domestic criticism.
If all the seemingly insurmountable barriers are overcome and the US decides to reactivate the original Trans-Pacific Partnership Agreement, would there be another groundswell of opposition? You betcha.
A long-negotiated investment agreement between EU and China was more of an "intention than a deal and it could be a long time before it became a reality, an EU commissioner said.
US Trade Representative said she expects to engage “in the near term” with Chinese officials to assess their implementation of the “Phase 1” trade deal.
The EU is suspending plans for a trade deal with China, while reviving those for a pact with India, in a dispute on Chinese human-rights abuses.
India and the European Union are making joint efforts to seal a “connectivity agreement”, which could be an answer to China’s Belt and Road Initiative.
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.