China and Australia close to a big Free Trade Deal and could be the basis for a China-US deal which would be a big global economic boost
Last month saw the agreement, in principle, for the conclusion of the China-Australia FTA (ChAFTA [Free Trade Agreement]), nearly 10 years after the start of negotiations. Hailed by Prime Minster Tony Abbott as “the most comprehensive agreement China has concluded with anyone,” ChAFTA does indeed appear to be groundbreaking. Bridging the Pacific looks at progress …