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 to Free Trade and Investment between China and the United States.

A Free Trade and Investment deal between the US and China could boost annual exports between the two countries by over $500 billion per year.

US exports to China could double under Free trade and investment deal.

National Income could increase by 2% in China and 0.6% in the USA under a free trade and investment deal.

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