Asean's zero-tariff implementation this year has created great investment opportunities between Thailand's biggest agro-conglomerate, the Charoen Pokphand Group, and Chinese investors with billions of US dollars to be spent on a range of projects.
Indonesian Trade Minister Mari Elka Pangestu on Monday dismissed criticism that she had been slow to respond to concerns about the Asean-China Free Trade Agreement, insisting the ministry has been engaged in “informal communications” about the deal with Asean.
The Malaysian government is committed to the regional free trade agreement (FTA) with China that came into force on Jan 1, although some parties have expressed concerns the trade liberalisation agreement would hurt local manufacturers.
Labor rights activists and business leaders with experience working in China agree that signing a trade agreement between Taiwan and China would speed up capital outflow from the nation, but their opinions differ on solving Taiwan’s unemployment problem.
The proposed trade pact between Taiwan and China will only benefit certain people and corporates and intensify a left-right economic spectrum, a scholar told the Central News Agency in an interview.
"ASEAN-China free trade is an inhuman and immoral trade," says Hasan Basri, head of the Jakarta chapter of Indonesia's traditional market traders association
The propaganda mills, especially in Beijing, have been trumpeting the FTA as bringing “mutual benefits” to China and Asean. The reality, however, is that most of the advantages will probably flow to China, writes Walden Bello.
We're the only Western country to boast a free trade deal with China. But are New Zealand companies -- and the Government -- doing enough to exploit that?
Indonesia has asked to re-write a new regional trade pact with China, citing fears of job losses due to a flood of cheap Chinese imports across various sectors, officials said Wednesday.