MNI BRIEF: China To Step Up Trade Bloc Negotiations
MNI (BEIJING) - China will step up negotiations on joining the Digital Economy Partnership Agreement (DEPA), following a ministerial meeting between Beijing and the member nations at the recent Asia-Pacific Economic Cooperation conference, He Yongqian, spokesperson for the Ministry of Commerce said on Thursday.
Following bi-lateral meetings with several Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) member states last week, China would continue in-depth communication and exchanges with members and actively promote joining the the trade bloc, He added.
Beijing will intensify efforts to stimulate domestic demand should U.S. President-elect Trump impose higher tariffs after taking office, while accelerating free-trade negotiations with other partners particularly among the BRICS, policy advisors told MNI. (See MNI: China Domestic Stimulus Needed To Counter Trump-Advisors)