Beijing will push for the establishment of a Free Trade Area of the Asia Pacific (FTAAP) and further lift restrictions on foreign investment, China’s President Xi Jinping told business leaders from the Asia Pacific on Wednesday morning in Manila, the Philippines. Source: SCMP
The US has said it intends to negotiate three separate trade agreements with Japan, the UK and the EU. It could take several months before the negotiations begin, it said. The move is part of US President Donald Trump’s efforts to reshape trade policies to support his “America First” agenda. Source: BBC
The US and China have shrugged off rules and constraints that have kept their 21st-century global rivalry in check, opening the way for an escalating conflict on many fronts that neither side appears willing or able to stop. Source: The Guardian
French Leftist firebrand Jean-Luc Mélenchon has broken new ground on social media by broadcasting a police raid on his political headquarters from his mobile phone. A furious Mr Mélenchon, head of France Insoumise (France Unbowed), filmed as eight police officers searched the party headquarters early on Tuesday, which he slammed as an attempted “coup de force” against his party “to scare and intimidate us”. Source The Telegraph
