Chinese chefs working here are being asked to accept pay cuts or face losing their jobs, because of hundreds of Chinese chefs entering the country under the free trade agreement with China.
"We need to negotiate more bilateral investment treaties. … India and China should be high on that list," said Thomas Donohue, president and CEO of the US Chamber of Commerce
Damage to Korea's farming industry from a free trade agreement (FTA) with China may reach up to $2.8 billion, reports said Thursday, urging the Seoul government to be cautious in its FTA negotiations with China.
President Lee Myung-bak agreed to begin the necessary "domestic procedures" for opening formal negotiations on a South Korea-China free trade agreement during a summit meeting Monday afternoon with Chinese president Hu Jintao at Beijing's Great Hall of the People.
South Korean President Lee Myung-bak told his Chinese counterpart Hu Jintao that Seoul will soon begin domestic procedures for the start of formal negotiations with Beijing on forging a bilateral free trade agreement, a presidential official said Monday.
Japan, China and South Korea are expected to start negotiations for a trilateral free trade agreement in the first half of this year, possibly in May, a Chinese newspaper reported Monday.
South Korean President Lee Myung-bak told his Chinese counterpart Hu Jintao that Seoul will soon begin domestic procedures for the start of formal negotiations with Beijing on forging a bilateral free trade agreement, a presidential official said Monday.
Costa Rica will take advantage of its Free Trade Agreement (FTA) with China to strengthen its commercial ties with other Asian countries in 2012, Costa Rican Trade Minister Anabel Gonzalez said here Thursday.
Sportswear producers such as Adidas are turning to Central America to complement China as a source for apparel as the region’s proximity to the US allows for quick turnaround of orders during peak seasons.
Japan, China and South Korea on Friday concluded a joint study on the possibility of signing a trilateral free trade accord, laying the groundwork for launching official negotiations as early as next summer.