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Asia-Pacific economies should drop their illusions about US-led IPEF - Vimarsana News

Asia-Pacific economies should drop their illusions about US-led IPEF

Trade negotiators from 14 member countries of the US-led Indo-Pacific Economic Framework (IPEF) are reportedly set to meet in Bali, Indonesia this week for the second negotiating round of the economic framework. Launched in May 2022, IPEF is widely seen as a central part of Washington's Indo-Pacific Strategy.

China-US trade back to growth in 2020 despite sanctions, export controls - Vimarsana News

China-US trade back to growth in 2020 despite sanctions, export controls

SOURCE / ECONOMY By Global Times Published: Jan 14, 2021 10:53 AM Updated: Jan 14, 2021 12:23 PM Photo:Global TimesTrade between the world's top two economies was back on the growth track in 2020, Chinese customs data showed on Thursday, reversing a plunge in the previous year when bruising trade tensions clobbered bilateral imports and exports. China's exports to the US grew by 7.9 percent year-on-year to $451.81 billion, while its imports from the US rallied 9.8 percent to $134.91 billion, according to data released by the General Administration of Customs (GAC).  The US was China's t...