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.
EU negotiators made some progress in important areas like market access, investment liberalization, and sustainable development. But can an incremental bilateral agreement like the CAI really govern economic relations with today’s China?
The youth wings of Norway’s main political parties have signed a letter calling for the country to rescind its normalization agreement with China and stop free trade negotiations due to China’s human rights violations.
The RCEP will undoubtedly pave the way for China’s new digital yuan expansion throughout Asia.
The CAI will be judged a few years from now by its implementation and the concrete steps China takes to fulfill its promises. If European companies do not perceive any improvement, and China makes no progress on labour standards, the CAI might come to be viewed as another empty gesture.
Australia’s efforts to end a diplomatic deep freeze with China may not be getting anywhere fast on the surface, but there are nonetheless some signs of a potential thaw.
The South Korean government is speeding up its preparations to apply for membership in the Trans-Pacific Partnership (CPTPP) after effectively making official its plans for negotiations to join.
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.