China's ASEAN Trade Deal: A New Economic Powerhouse?
Update: 2025-09-08
Description
China's making a bold move to solidify its economic ties with Southeast Asia, urging ASEAN nations to sign an upgraded free trade agreement by year's end. Facing pressure from U.S. tariffs, China aims to boost access to booming ASEAN markets, where exports surged last month. This deal promises streamlined trade in key sectors and positions China as a cooperative alternative to the U.S., but could this also pave the way for China to reshape global trade rules by joining the Trans-Pacific Partnership?
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