China to cut tariffs, boost imports
BEIJING – China will continue to cut its tariffs and expand imports of high-quality goods and services, Chinese President Xi Jinping said on Thursday, while vowing to push reforms and promote an innovation-driven growth model. “We will further reduce tariffs … Continue reading China to cut tariffs, boost imports
RCEP economies account for 29 percent of global GDP
Beijing – On Sunday, China and 14 other countries signed the Regional Comprehensive Economic Partnership (RCEP) Agreement at the virtual-hosted ASEAN Summit, formalizing the largest free trade agreement (FTA) in history. After an arduous eight-year negotiation period, a combination of … Continue reading RCEP economies account for 29 percent of global GDP
RCEP: The world’s biggest free trade bloc launched
HANOI — The Regional Comprehensive Economic Partnership (RCEP) agreement was signed among its 15 participating countries on Sunday, launching the world’s biggest free trade bloc. Participating countries include the 10 member countries of the Association of Southeast Asian Nations (ASEAN) … Continue reading RCEP: The world’s biggest free trade bloc launched
37th ASEAN summit scheduled for Nov. 12-15
HANOI — The 37th summit of the Association of Southeast Asian Nations (ASEAN) and related meetings will be held via video link from Nov. 12 to 15, according to Vietnam’s Ministry of Foreign Affairs. Vietnamese Prime Minister Nguyen Xuan Phuc … Continue reading 37th ASEAN summit scheduled for Nov. 12-15
Shanghai stock exchange suspends Ant Group’s IPO
HONG KONG/NEW YORK – China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma. The … Continue reading Shanghai stock exchange suspends Ant Group’s IPO