Trade tensions: China poses itself as alternative to US protectionism; signs expanded Asean free trade pact

China signed an upgraded free trade pact with ASEAN, emphasizing economic openness and regional cooperation. This move contrasts with US protectionism, as Beijing seeks to deepen ties with its largest trading partner. However, concerns over territorial disputes, particularly in the South China Sea, temper the enthusiasm for full trust in the partnership.

Trade tensions: China poses itself as alternative to US protectionism; signs expanded Asean free trade pact
China signed an upgraded free trade pact with ASEAN, emphasizing economic openness and regional cooperation. This move contrasts with US protectionism, as Beijing seeks to deepen ties with its largest trading partner. However, concerns over territorial disputes, particularly in the South China Sea, temper the enthusiasm for full trust in the partnership.