On 16 September, China officially applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) comprising Australia and 10 other members. The free-trade pact is the most extensive in the region, and accounts for almost 14 per cent of global GDP. Before pulling
For all the talk of cross-Strait military tensions – which are real – in the economic realm, Taiwan’s fortunes have been bound to those of China. Recognising the need to diversify, when Tsai Ing-wen was elected in 2016, she initiated what was dubbed a “New Southbound Policy”, with the
In February, the United Kingdom became the first nation to formally apply to join the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), the 11 country free trade deal spanning Asia and the Pacific. But the UK isn’t the only horse in the race. So far, eight
When the Australian Chamber of Commerce and Industry surveyed its members last year about their use of trade agreements, the ASEAN-Australia New Zealand Free Trade Agreement surprisingly emerged as the third best known and used of 14 available trade concession frameworks.
So, it is appropriate
This is the second in a three-part series on the future of world trade from a global (part 1), Asia Pacific (part 2) and Australian (part 3) perspective.
The Trump Administration's dramatic disavowal of the Trans-Pacific Partnership (TPP) trade agreement in January prompted the question 'Is the
The debate over Australia’s most valuable economic partners hit fever pitch this month with new arguments over old measuring sticks for an increasingly contested aspect of international relations.
There is no absolute way of resolving this debate which involves value judgements
Much has been written about the massive infrastructure investments needed to sustain Asia’s growth performance. The Asian Development Bank estimates that the region’s infrastructure will require investments of $US26 trillion by 2030, or $1.7 trillion annually, more than double its estimate less
The release of a new study on Australia’s offshore investment has triggered an interesting divide between former trade minister Craig Emerson and his old advisers on the outlook for global supply chains.
Emerson has been forecasting a winding back of the fragmented global production
Go east young khun
As the Association of Southeast Asian Nations (ASEAN) celebrates its 50th anniversary this year, the big question hanging over the party is to what extent this diverse group of 10 countries is going to put collective interest before individual ambition.
The divisions over how
Time for RCEP to step up
Donald Trump’s abandonment of the Trans-Pacific Partnership (TPP) trade deal has left his Australian allies with the awkward choice. They can either play for time with a domestic row about trade or embark on the tougher task of trying to introduce some of the TPP
US President elect Donald Trump's confirmation he intends to pull out of the TPP has led to confusion and uncertainty across the region. For its part, Indonesia is still keen to sign on to the TPP but there are many factors to consider in the cost-benefit analysis on the topic the