The Japanese government plans to propose the formation of an Asian free-trade zone which could include half the world's population and rival the EU and NAFTA, an official of the trade ministry said.
Australian farmers are warning the Federal Government to take its time negotiating a free trade agreement (FTA) with China, after a push by Chinese Premier Wen Jiabao to accelerate talks.
Australia is to break the link between key economic sectors, to start formal negotiations with China on a free trade agreement (FTA). The offers on goods and agriculture will start before work on services and investment.
With President Hu Jintao due to visit the United States, there is an urgent need for a cease-fire in the war of words between China and the United States over trade.
After almost two years since Overseas Chinese Banking Corporation exited India, the biggest Chinese bank-Industrial and Commercial Bank of China (ICBC)-has evinced interest in setting up operations in India.
The Indian government said it is looking at the possibility of Free Trade Agreements with a host of nations including Japan, China and Korea, with a view to increase India's trade with the Asian countries.
Indian and Chinese economic relationship is set to get a leg up with the two countries closing in on signing a Bilateral Investment Protection Agreement (BIPA), which will help investments from across the border, some of which have been seen with suspicion in the recent past.
Southern African Development Community (SADC) hopes to start trade talks with China and India at the forthcoming SADC Council of Ministers Consultative Conference in Windhoek, Namibia next month.