Thailand, M’sia boost trade, digital economy collaboration

Malaysian Foreign Minister Saifuddin Abdullah (left) Thailand's Foreign Minister Don Pramudwinai attend a press conference in Bangkok, Thailand, Aug 10, 2022. (SAKCHAI LALIT / AP) BANGKOK – Thailand's Foreign Minister Don Pramudwinai and his Malaysian counterpart Saifuddin Abdullah on Wednesday announced that their countries will strengthen cooperation in areas such as trade and digital economy. […]

HKTDC welcomes measures to ease quarantine restrictions

HONG KONG, Aug 8, 2022 – (ACN Newswire via – The Hong Kong Trade Development Council (HKTDC) welcomes the Hong Kong SAR (HKSAR) Government’s relaxation of entry quarantine measures, which will have a positive impact on Hong Kong’s economic recovery and strengthen the city’s international competitiveness. The HKTDC has been supporting Hong Kong’s small-to-medium […]

Cooperation right way forward for China, EU

On July 19, the 9th China-EU High-Level Economic and Trade Dialogue, co-chaired by Chinese Vice-Premier Liu He and Executive Vice-President of the European Commission Valdis Dombrovskis, and attended by more than 20 ministerial-level officials, was successfully held. Through pragmatic, frank and efficient discussions, the two sides reached a series of consensuses and deliverables on macro-economic […]

Some positivity injected into China-EU ties

The ninth round of the China-EU High-Level Trade and Economic Dialogue, held virtually on Tuesday, was pragmatic, candid, efficient and constructive, according to the Chinese Ministry of Commerce. Agreement was reached on trade and investment liberalization and facilitation, mutual openness, fair competition, intellectual property rights protection and business investment optimization, the ministry said in its […]

Regional trade pact pays early dividends

RCEP gains felt already as Asia-Pacific economies tighten links, experts say A freight train carrying excavators leaves Liuzhou, Guangxi Zhuang autonomous region, for Vietnam in April. (PHOTO / XINHUA) The world's largest free-trade pact is gradually transforming economies in the Asia-Pacific region by opening up huge export markets and strengthening supply chains, analysts say. The […]

Decoupling by any name a zero-sum game that’s inimical to global economic recovery

Throughout her first trip to Asia as United States Secretary of the Treasury, Janet Yellen has been preaching the idea of "friend-shoring". From the G20 finance ministers' meeting in Bali, Indonesia, to her visits to Japan and the Republic of Korea, she has been pushing the proposal that like-minded countries agree to Washington-designed trade practices […]

White House can hit the restart button with a rollback on tariffs

Vice-Premier Liu He, who's led the Chinese side of comprehensive economic dialogue with the United States, spoke with US Treasury Secretary Janet Yellen on Tuesday morning via video link, exchanging ideas on the macroeconomic situation and the stability of global industry and supply chains. The communication was reportedly "pragmatic", "candid", and "rich in constructiveness", which […]

US companies are still suffering from the trade war Washington has maintained

News that Airbus will sell 292 planes to Chinese airlines in a blockbuster deal worth $37 billion proves that the efforts by the Netherlands-headquartered plane manufacturer to tap into the vast Chinese market-including building a local final assembly line in Tianjin-have paid off. It is a win-win for both China and Europe. Given its decades-long […]

Supporting WTO for fair trade, cooperation

It is the World Trade Organization that is responsible for maintaining fair trade, and in playing this role, it has made it possible for emerging economies to have opportunities for development. However, the globalization facilitated by WTO rules that has made the win-win economic cooperation possible between countries at different development stages, has resulted in […]

Promoting a stable, prosperous Asia

(SONG CHEN / CHINA DAILY) Last year marked the 30th anniversary of the establishment of dialogue relations between China and the Association of Southeast Asian Nations. At a commemorative summit in November, the two sides upgraded the bilateral relationship to a comprehensive strategic partnership. As a result, China-ASEAN relations got off to a good start […]