positive
Recently
China and ASEAN finalize upgraded free-trade pact
No Image
China and ASEAN signed a modernized trade pact expanding tariff relief and digital trade cooperation amid global supply-chain realignments.
China and ASEAN member nations signed an upgraded free-trade agreement in Bangkok, modernizing the 2010 FTA to expand tariff reductions and include provisions on e-commerce, customs facilitation, and sustainable development. The revision arrives amid escalating U.S. tariff pressures, giving the region a competitive cushion. Analysts say the new framework strengthens supply-chain resilience and consolidates China’s economic influence in Southeast Asia while providing ASEAN exporters broader access to Chinese consumer markets.