Guangxi-ASEAN business ties to spur foreign trade
Launched in 2017, the New International Land-Sea Trade Corridor is a trade and logistics passage jointly built by provincial-level regions in western China and ASEAN members.
Launched in 2017, the New International Land-Sea Trade Corridor is a trade and logistics passage jointly built by provincial-level regions in western China and ASEAN members.
The statement also included a policy of enhancing supply chains with a view to countering China.
China's foreign trade with other RCEP economies grew by 7.5 per cent year-on-year to 12.95 trillion yuan in 2022, accounting for 30.8 per cent of the country's total exports and…
This comes after Fumio Kishida's visit to India, after which he approved $1.27 billion in funding to Bangladesh for three infrastructure projects.
Cambodian goods imports from South Korea were also down 37.00 per cent on-year, narrowing the Kingdom’s trade deficit with the country.
Though China's economy is in recovery mode, not many Korean businesses have plans to expand their business in the neighboring country, the survey showed.
Indonesia does not have a free trade agreement with the US, but its nickel products have increasingly become important in the supply chain
The Philippines is the third country after Thailand and Vietnam to be approved for durian exports to China.
The project is aimed to improve intake facilities, irrigation and drainage canals, thereby improving the livelihoods of farmers in these areas.
The two countries have signed a Ministerial Declaration on starting negotiations on a comprehensive economic partnership agreement.