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China, ASEAN to Submit Upgraded Free Trade Deal to Leaders in October, Says China's Foreign Minister
SHANGHAI (Reuters) -China and the Association of Southeast Asian Nations have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to China's foreign minister Wang Yi on Saturday.
Washington and Beijing are on a “creeping path towards some kind of a deal”, former US ambassador to China Nicholas Burns said on Tuesday, while offering some rare support for US President Donald Trump’s tariff strategy towards China.
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Trump's tariffs and China's overcapacity are straining trade relationships, particularly between India and ASEAN. Concerns arise that ASEAN nations might become trans-shipment points for Chinese goods evading tariffs,
China and ASEAN have agreed to submit an upgraded free trade deal to their leaders for approval this October. The announcement came from Chinese Foreign Minister Wang Yi during a press briefing in Kuala Lumpur.
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Bangkok Post on MSNChina must 'play long game' with trade partners as 'US looks like the big bully': analystsWith US President Donald Trump sending more tariff letters to trade partners, Beijing has stepped up efforts - like rallying its own trade partners - to collectively push back against Washington's trade protectionism.
India and the US are nearing a trade agreement with tariff cuts likely. Despite challenges in agriculture and dairy, India could unlock multi-billion-dollar export opportunities in chemicals, apparel,
China and ASEAN have reached an agreement to upgrade their free trade area, targeting a new pact for approval by leaders in October. The updated trade zone will focus on digital, green economies, and supply chain connectivity.
China and Asean have agreed on a five-year plan that specifies collaboration in over 40 fields. Read more at straitstimes.com. Read more at straitstimes.com.
US Secretary of State Marco Rubio and China Foreign Minister Wang Yi attended separate meetings with their ASEAN counterparts in Kuala Lumpur on Thursday (Jul 10).
Describe the regional vibe at the recent ASEAN Summit toward U.S. President Donald Trump’s tariff threats. One of the greatest preoccupations of regional leaders since April 2, 2025 has been with the alarming levels of rising protectionism and disruptive actions seeking to undermine the open,