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China-Asean free-trade pact gets upgrade as Beijing touts regional ties (www.scmp.com)

submitted 3 months ago by rss@news.abolish.capital to c/china@news.abolish.capital

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China and a bloc of 11 Southeast Asian countries signed an upgrade to their free-trade agreement on Tuesday, expanding its terms to cover product quality, environmental protection and help for small businesses, in a sought-after strengthening of multilateral economic ties for Beijing amid its ongoing trade war with the US. The Association of Southeast Asian Nations (Asean), a group with a combined population of 680 million and a total gross domestic product of US$3.8 trillion in 2023, signed the...

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