China-ASEAN FTA: Winners And Losers

January 2010
Emerging Markets Monitor;1/11/2010, Vol. 15 Issue 38, p9
Country Report
The article discusses the advantages and disadvantages of a free trade agreement (FTA) launched by China and the Association of Southeast Asian Nations (ASEAN) on January 1, 2010. The agreement would reportedly provide greater protection for both participants against subdued developed-world demand over the coming years. Under the FTA deal, tariffs on 90% of goods trade with China will be eliminated in 2010 in countries such as Indonesia and Malaysia. However, it is noted that reliance on Chinese demand by the ASEAN means double dip risk exposure.


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