Tag #Cptpp

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usa.chinadaily.com.cn

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Jan 20, 04:08

China's 2024 Economic Performance: Growth in High-Tech Sectors Amidst Global Uncertainty

In 2024, China's total import and export trade increased by 5 percent, while Belt and Road Initiative-related trade grew by 6.4 percent; despite a slight decrease in overall foreign investment, high-tech sectors showed strong growth, indicating economic resilience and a shift towards innovation.

China's 2024 Economic Performance: Growth in High-Tech Sectors Amidst Global Uncertainty

In 2024, China's total import and export trade increased by 5 percent, while Belt and Road Initiative-related trade grew by 6.4 percent; despite a slight decrease in overall foreign investment, high-tech sectors showed strong growth, indicating economic resilience and a shift towards innovation.

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What were the key achievements and challenges in China's foreign trade and investment in 2024?

China's 2024 foreign trade grew by 5 percent year-on-year, with trade related to the Belt and Road Initiative expanding by 6.4 percent. Despite a slight decline in overall foreign investment, high-tech sectors like medical equipment manufacturing saw substantial growth (53.4 percent).

politico.eu

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Dec 16, 07:09

UK Joins CPTPP Trade Bloc Amid US-China Tensions

The UK became the first new member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on July 1, 2024, aiming to strengthen its trade ties in the Indo-Pacific amid rising US-China trade tensions and global trade fragmentation, despite projected modest short-term eco...

UK Joins CPTPP Trade Bloc Amid US-China Tensions

The UK became the first new member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on July 1, 2024, aiming to strengthen its trade ties in the Indo-Pacific amid rising US-China trade tensions and global trade fragmentation, despite projected modest short-term eco...

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What are the immediate implications of the UK joining the CPTPP trade bloc?

The UK joined the CPTPP trade bloc on July 1, 2024, becoming its first new member since 2018 and the first member without a coast bordering the Indo-Pacific region. This move aims to diversify trade partnerships amid rising trade tensions between the US and China, offering the UK access to fast-growing Asian economies. The UK government projects a £2 billion annual GDP boost by 2040, though some analysts offer more conservative estimates.

Showing 13 to 14 of 14 results