Do We Have A Free Trade Agreement With China

President Xi participated directly in these negotiations and insisted that they be resolved as soon as possible. However, the most important free trade agreement China has negotiated to date is with ASEAN. Together with the ASEAN bloc, which includes the Asian tigers of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam, as well as small regional players such as Brunei, Cambodia, Laos and Myanmar, this unique agreement changes the development of Chinese and ASEAN production. Many Chinese commentators have focused on the rising cost of labor in China and have seen how many china-based companies are facing rising wages today. In Indonesia and the Philippines, for example, the total number of confirmed coronavirus infections has reached nearly 900,000 cases, and lockdowns to contain the virus have forced millions of people to work.

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