Home Capital China Focus

Investors reassured by China's commitment to free trade

Daryl Guppy
Daryl Guppy10/8/2019 06:30 AM GMT+08  • 5 min read
Investors reassured by China's commitment to free trade
(Nov 11): Those who thought China was losing the trade war are wrong. Those who thought China could be intimidated into retreating from its commitment to free trade are wrong. Speaking at the opening of the China International Import Expo (CIIE) in Shangh
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

(Nov 11): Those who thought China was losing the trade war are wrong. Those who thought China could be intimidated into retreating from its commitment to free trade are wrong. Speaking at the opening of the China International Import Expo (CIIE) in Shanghai on Nov 5, President Xi Jinping again reaffirmed China’s commitment to free trade and a lowering of trade barriers and tariffs.

His speech followed Premier Li Keqiang’s confirmation of China’s support for the Regional Comprehensive Economic Partnership (RCEP) in Bangkok. Together, these two speeches show China’s genuine commitment to free trade and to more opening up of the country’s capital and investment markets. It puts a floor under the trade threats coming from the US and boosts the investment environment and opportunities in the Asean region.

Xi covered five areas. For those who choose to really listen, these five areas point the way to a greater and more stable trade relationship that offers benefits for all participants. These five areas are consistent with the philosophy of the Belt and Road Initiative, and with that of the RCEP agreement announced in Bangkok.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now