SHG (OTC: ACGBY) has officially launched its China-ASEAN
Cross-border RMB Business Center in Nanning, Guangxi at the recent ABC-sponsored China-ASEAN
Cross-border RMB Business Seminar.
Loathe to allow what China says are bilateral differences with individual ASEAN members merge into a China-ASEAN
problem, Wang and his team in Beijing presented the ASEAN's ministers with a two-and-a-half-page "shopping list" in which the South China Sea was just one of a host of issues to be discussed.
Free Trade Area has been fully established, marking a good beginning, he said.
At the just-concluded 13th China-ASEAN
Summit, Premier Wen Jiabao and ASEAN leaders agreed that China-ASEAN
relations are the most pragmatic, extensive, comprehensive, vibrant and fruitful strategic relations.
With the establishment of the China-ASEAN
Free Trade Area, there will be a new tide of investment in ASEAN countries, said Gu Xiaosong, vice president of the Guangxi Academy of Social Sciences.
On the eve of the 6th annual China-ASEAN
Expo to be held in southern China's Guangxi Zhuang Autonomous Region, Nong Rong, vice secretary general of the Expo, told reporters that China and the Association of Southeast Asian Nations will become each other's third-biggest trading partner soon.
In April, Chinese Premier Wen Jiabao announced China was setting up a $10 billion China-ASEAN
Fund on Investment Cooperation to support infrastructural development in the region.
China will set up a $10 billion China-Asean
(Association of Southeast Asian Nations) investment cooperation fund to support infrastructure projects in the region, the Chinese Premier said today (April 18).
China plans to establish a $10 billion China-Asean
investment cooperation fund to promote infrastructure that connects it to Asean nations, Yang said.
The number of FTAs with ASEAN at one end has also been expanding, as seen in the Japan-ASEAN FTA (called ASEAN-Japan Comprehensive Economic Partnership Agreement or AJCEP), set to go into effect by the end of 2008, and the Korea-ASEAN FTA and China-ASEAN
FTA, both of which are already in effect.
Political scientists--most from eastern Asia and the Pacific, but some the US and Britain--present results from their research in response to the 2002 China-ASEAN
Roundtable in regionalism and community building.
China has agreed to cut the import duty on Indonesian oleochemical although the country failed to include that commodity in the China-Asean
Free Trade Area (FTA) scheme.