China pitches itself
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It’s the second upgrade of the ASEAN-China Free Trade Area (ACFTA) that was first inked in 2002 - making it then China’s first free trade agreement and ASEAN’s first with a major external partner. It then came into effect in 2010, with negotiations for the first upgrade starting in September 2014 and coming into force since 2019.
Welcome to Foreign Policy ’s Southeast Asia Brief.
Prime Minister Anwar Ibrahim, who will remain chair of the Association of Southeast Asian Nations (ASEAN) until the end of the year, symbolically passed the gavel to Filipino President Ferdinand Marcos at the close of a summit in Kuala Lumpur.
China boosts Asian trade diplomacy at Malaysia summit as US tariffs persist, using RCEP to expand influence amid resource and maritime tensions.
Malaysian Prime Minister Anwar Ibrahim on Monday urged Asia-Pacific leaders to choose dialogue over coercion and cooperation over confrontation, as he opened the East Asia summit at a time of sharpening rivalry between the United States and China.
ASEAN (in particular Malaysia) were key part of US Trade diversification from China Trade. Malaysia, Thailand, Cambodia and Australia had key deals for the US