An overhaul to the China-Asean free-trade deal looms as US protectionism deepens

Source: China – South China Morning PostChina is looking to upgrade a free-trade deal with the Association of Southeast Asian Nations (Asean) this year, underscoring Beijing’s push to diversify exports and lock in closer economic ties with its largest trading partner as global supply chains shift.
“China will work closely with Asean to complete domestic approval procedures and push for the formal signing of the China-Asean Free Trade Area (Cafta) 3.0 upgrade protocol by the end of the year,” Vice-Minister of Commerce Yan Dong said on…Read More

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