China & Singapore – the latest on trade deals, Chinese economy and more.
Taiwan signed its biggest trade deal yet with a country that has diplomatic ties with Beijing, as the island tries to integrate its economy with the rest of Asia’s and to diversify economic allies beyond China.
A free-trade agreement with Singapore, Taiwan’s fifth-biggest trade partner, was inked today in the southeast Asian city-state after two years of talks, according to Taiwan’s Ministry of Economic Affairs. The deal covers goods, services, investment and government procurement, the ministry said… [
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HONG KONG — China’s president, Xi Jinping, is about to plunge the country and himself into a risky experiment: an attempt to carry out market-driven economic overhauls while reinforcing the Communist Party’s pillars of political and ideological control. This mixed agenda has magnified doubts about whether he can deliver on his promises of transformation.At a meeting, or plenum, of the party’s Central Committee that starts Saturday, Mr. Xi will enumerate his plans for an economic overhaul, and state-run news media has promoted the event as a turning point… [
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China’s Communist Party leaders will enter a policy-making summit this week with the economy on an upswing, services and manufacturing surveys show.
A non-manufacturing Purchasing Managers’ Index (CPMINMAN) rose to the highest level this year in October, a government report showed yesterday. The increase follows faster-than-estimated growth in two manufacturing indexes last week… [
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