More than a half year into the Regional Comprehensive Economic Partnership, trade experts say the world’s biggest trade pact serves more to ‘tidy up’ bilateral one-to-one agreements. Source link
Read More »What would a US tariff removal on Chinese goods mean for Hong Kong firms?
Even though President Joe Biden may end up lifting tariffs to curb inflation – possibly this week – there are concerns among Hong Kong-based manufacturers that such tariffs ‘may come back anytime’. Source link
Read More »Indo-Pacific economic bloc irks China but it may not be all bad for region
The Indo-Pacific Economic Framework signals the start of competition within global institutions between the US and China. While this could have destructive effects, it also has the potential to inspire institutional reform and for great powers to provide more public goods. Source link
Read More »US rivalry with China in Indo-Pacific ‘needs greater economic focus’
The US needs a stronger economic agenda for the Indo-Pacific region, as opposed to its current focus on security issues, according to Indonesia’s foreign minister.Retno Marsudi, speaking on the sidelines of the Doha Forum in Qatar, said the 10 member states of Asean did not want to be forced into …
Read More »Asean should ditch ‘younger brother’ mentality, experts tell SCMP conference
Humphrey was part of an online panel discussing how a “comprehensive strategic partnership” with China could impact the Asean region. He spoke alongside Trinh Nguyen, senior economist of emerging Asia at Natixis, and Wang Huiyao, founder and president of the Centre for China and Globalisation. I think Asean always tends …
Read More »China’s diplomacy budget grows while trade deal outlook narrows
Gone is any mention of economic cooperation with the United States and the European Union. Gone, too, is any reference to a trade with Japan and South KoreaInstead, this year’s government targets for diplomacy are largely limited to the Asia-Pacific trade agreement known as RCEP and China’s intercontinental Belt and …
Read More »China, Vietnam to smooth trade after virus border disruptions
China has pledged to clear the way for Vietnam’s agricultural exports and deepen trade ties between the two countries following implementation of the Regional Comprehensive Economic Partnership (RCEP) earlier this month.The world’s No 2 economy will strengthen communication and collaboration with its neighbour, including in pandemic control, while managing conflicts …
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