Beijing Pushes for Hong Kong's Inclusion in Major Free-Trade Agreement
Friday, 19 April 2024, 07:41
Beijing's Lobbying Efforts
Beijing is actively advocating for Hong Kong's admission into the Regional Comprehensive Economic Partnership (RCEP), the largest free-trade pact globally. This push comes after Hong Kong's application two years ago.
Implications on Global Trade
The RCEP represents nearly one-third of the global population, making it a significant trade bloc. Hong Kong's inclusion could potentially impact trade dynamics and economic relations on a global scale.
- High-stakes negotiations ongoing
- Strategic importance of Hong Kong's participation
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.