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News
- Conclusion of ECFA with Taiwan on the Horizon - Editor, 24 November 2009
- China-Africa Cooperation Reaps Results - Editor, 6 November 2009
Taiwan's Mainland Affairs Council (MAC) Chairwoman Lai Shin-yuan revealed in an interview recently that Taiwan (officially the Republic of China) anticipates signing an agreement with mainland China (officially the People’s Republic of China) which, among other factors, will slash import tariffs and permit increased market access in the banking sector. Known as the Economic Cooperation Framework Agreement (ECFA), the proposed agreement between the two countries was drawn up some time ago, but has not yet been signed, and very little detail has been made known to the public.
Trade between China and Africa has been steadily growing in what is seen as a "win-win" situation in many aspects. With an annual growth rate of 33.5 percent since the year 2000, analysts believe that the strengthening of economic and trade ties between the two parties will continue. In 2008, trade cleared US$106.8 billion, reaching the target of US$100 billion for 2010, that was set at the 2006 Beijing summit of China-Africa Cooperation, a full two years ahead of schedule.
Recent Articles
- China Strengthens Trade with France, Egypt - Editor, Tuesday 6 July 2010
- China - Abu Dhabi Relationship Develops - Editor, Thursday 10 June 2010
- Clean Energy Innovations Hampered By Policies - Editor, Tuesday 18 may 2010
- Expo to Strengthen Image of Swiss Companies - Bernard Hagen, Friday 30 April 2010
- World Expo Pavilions: Highest Fire Protection Standards - Bernard Hagen, Tuesday 27 April 2010











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