Core Viewpoint - The concept of establishing an "Asian Monetary Fund" (AMF) has resurfaced due to the changing global economic landscape and the increasing need for financial stability and cooperation among Asian countries [1][3][11]. Group 1: Historical Context - The idea of creating an AMF originated during the 1997 Asian financial crisis when Asian countries faced severe currency devaluations and sought a collective response to stabilize their economies [2][9]. - The initial proposal for an AMF was rejected due to U.S. intervention, which imposed stringent conditions through the IMF, exacerbating the financial turmoil in the region [2][10]. Group 2: Current Economic Landscape - Nearly 30 years later, the conditions for establishing an AMF have significantly improved, with Asian economies now being major global players in terms of economic size, trade volume, and population [3][4]. - The U.S. has adopted a protectionist stance, imposing high tariffs on Asian exports, which has increased the urgency for Asian countries to seek reliable financial support [3][11]. - The financial development in Asia has matured, with a solid industrial base and increased financial capacity, allowing for better management of funds and resources [3][4]. Group 3: Regional Cooperation and Mechanisms - The establishment of the AMF is seen as a pragmatic response to the lack of effective regional financial coordination mechanisms, which have historically left Asian countries vulnerable to external shocks [6][10]. - Existing frameworks like the "Chiang Mai Initiative" have laid the groundwork for regional financial cooperation, but further multilateralization is needed to enhance effectiveness [10][11]. - The successful implementation of trade agreements like RCEP has strengthened regional supply chains and economic autonomy, creating a conducive environment for the AMF [4][12]. Group 4: Future Prospects and Implications - The establishment of an AMF could significantly enhance regional economic stability and predictability, positively impacting global economic recovery [12]. - It would facilitate increased use of local currencies in trade, reducing reliance on the U.S. dollar and mitigating the effects of dollar hegemony [12]. - The AMF could amplify the economic "aggregation effect" within the region, improving the utilization of existing trade agreements and fostering a more resilient financial ecosystem [12].

今年前10个月，柬埔寨与RCEP成员国贸易额占国际贸易额的61.5%，RCEP的实施持续为柬埔寨的贸易 增长带来积极推动力。 据柬商业部最新报告，今年前10个月，柬埔寨与《区域全面经济伙伴关系协定》（RCEP）成员国的贸 易额超329亿美元，较去年同期的283亿美元，增长16.3%。 报告显示，在柬埔寨与RCEP成员国的贸易中，出口额达81.5亿美元，同比增长10%；进口额达247.8亿 美元，同比增长18.5%。 今年前10个月，柬埔寨国际贸易额达535.9亿美元，同比增长17.5%。其中，出口额达259.0亿美元，同 比增长18%；进口额达276.9亿美元，同比增长17%。 2024年全年，柬埔寨与RCEP成员国贸易总额达345亿美元，占国际贸易总额的62%。 ...

同比增长43.2% 据兰州海关日前统计，今年1—10月，甘肃省对RCEP其他成员国进出口总值达到157.5亿元，同比增长 43.2%。 作为覆盖人口最多、经贸规模最大的自贸协定，《区域全面经济伙伴关系协定》（RCEP）为甘肃搭建 起联通亚太市场的重要桥梁。RCEP签署5年来，"甘味"蔬菜、水果、中药材产品以及装备制造等特色产 品，借此远销海外。 原标题：【强信心 看发展】 前十月甘肃对RCEP其他成员国进出口总值超150亿元 5年来，兰州海关构建起全方位的政策服务体系。面向农产品、中医药、新材料等重点产业，实施"关长 送政策上门"机制，精准对接企业需求；积极推广经核准出口商制度和原产地累积规则，引导企业优化 供应链布局，充分释放政策红利；针对原产地证书，海关持续提升签证便利化水平，全面推行"线上审 核+自助打印"模式，实现"秒级签发、全程网办"，显著压缩企业通关时间、降低贸易成本。（王占东） ...

Core Insights - The meeting between the leaders of China and the U.S. in Busan indicates a significant strategic failure for the U.S. in its aggressive trade stance against China, which has not only failed to revive American industry but has also strengthened China's economic resilience [1][4][21]. Trade Agreements and Negotiations - The U.S. agreed to cancel the 10% "fentanyl tariff" and suspend the 24% "reciprocal tariff" on Chinese goods for one year, which includes products from Hong Kong and Macau [1][2]. - China will adjust its countermeasures accordingly, and both sides agreed to extend certain tariff exemptions [2]. - The U.S. will also suspend new export restrictions announced on September 29 for one year, which expanded the scope of its "entity list" [2]. - China will respond by suspending its previously announced export controls related to rare earth elements for further study [2]. - Both countries reached consensus on enhancing cooperation against fentanyl, expanding agricultural trade, and addressing individual business cases [2]. Economic Resilience of China - China's nominal GDP is projected to reach $19.5 trillion by 2025, indicating strong defensive capabilities against U.S. trade provocations [5]. - In 2024, China's exports to the U.S. are expected to account for approximately 2.8% of its GDP, which is a significant but manageable portion of its total exports [5]. - Even with a hypothetical loss of the U.S. market due to tariffs, the impact on China's GDP growth would be minimal, with a potential reduction of only about 0.144% [5][6]. Domestic and Global Economic Strategies - China's domestic consumption and investment, which together account for 80% of its GDP, provide a robust buffer against external shocks [6]. - The "dual circulation" strategy prioritizes domestic markets while expanding international trade ties, enhancing structural stability [10]. - China's investments in technology and green energy sectors have maintained industrial momentum, with R&D spending growing at 10% annually since 2018 [10]. U.S. Economic Vulnerabilities - The U.S. economy, despite its size, faces significant structural weaknesses, with over 60% of American households living paycheck to paycheck [11]. - Tariffs on Chinese imports could lead to increased consumer prices, further straining household budgets and potentially reducing GDP by 0.5% to 1% [12]. - The U.S. manufacturing sector has not seen the expected revival, with job levels stagnating since 2010 despite tariff policies [12]. Supply Chain Dependencies - The U.S. heavily relies on China for critical materials, particularly in the clean energy sector, where disruptions could significantly impact project viability and costs [13]. - China's dominance in rare earth elements poses a strategic challenge for the U.S., which depends on these materials for various high-tech and defense applications [14][17]. Financial Leverage of China - China holds substantial U.S. debt, providing it with significant leverage in trade negotiations [19]. - A potential halt in trade could lead to a depreciation of the dollar, increasing inflationary pressures in the U.S. and complicating its fiscal situation [19][20]. Global Implications - The trade war has not only failed to achieve its intended goals but has also led to a decline in U.S. global influence, with allies adjusting their strategies in response [21][22]. - The emergence of a multipolar world is becoming evident, as countries adapt to the new realities of international relations [21][23].

Core Insights - The China International Import Expo (CIIE) is expected to further expand the breadth and depth of economic and trade cooperation between Thailand and China, with Thailand being the guest country this year [1][2] - The number of Thai enterprises participating in the expo has significantly increased, with 60 companies attending, three times the number from the previous year, indicating a strong desire to enhance international competitiveness [1] - The ongoing high-level opening up by China is seen as beneficial for both domestic economic growth and the broader global economy, especially in the context of rising protectionism [2] Economic Cooperation - China is Thailand's largest trading partner, and the bilateral trade volume is projected to reach $133.98 billion in 2024, reflecting a year-on-year growth of 6.1% [2] - The alignment of China's Belt and Road Initiative with Thailand's "Thailand 4.0" development strategy presents significant opportunities for cooperation in digital economy and emerging industries [2] - The recent signing of the upgraded protocol for the China-ASEAN Free Trade Area 3.0 is expected to inject more confidence and momentum into Thailand-China economic cooperation [2]

Core Viewpoint - The future of China-Australia cooperation must transition from traditional mineral and agricultural collaboration to a strategic joint development led by technology, especially as the China-Australia Free Trade Agreement (FTA) approaches its 10th anniversary in 2025 [1]. Group 1: Trade and Economic Cooperation - The China-Australia FTA is the first high-level FTA signed between China and a major developed country, serving as a significant milestone in bilateral relations [1]. - Over the past decade, the FTA has significantly boosted bilateral trade, with the trade volume reaching $211.27 billion in 2024, an increase of 85.6% compared to 2015 [5]. - China has maintained its position as Australia's largest trading partner for 16 consecutive years, with the Chinese market accounting for one-third of Australia's total exports [5]. - The FTA has facilitated a strong increase in Australian products in Chinese consumer markets, with 256 Australian companies participating in the recent China International Import Expo, marking a historical high [4]. Group 2: Future Directions and Opportunities - Future cooperation should focus on enhancing the FTA to meet evolving needs, ensuring it continues to serve both countries' enterprises and consumers effectively [7]. - There is a call for the FTA to evolve from traditional trade in agricultural and mineral products to include sectors such as digital economy, green technology, and new trade rules [8][9]. - The potential for collaboration in areas like clean energy, healthcare, and digital economy is highlighted as key opportunities for the next decade [8]. - The establishment of a robust framework for digital trade and cross-border data flow is essential, leveraging Australia's mature digital regulatory framework and China's extensive platform economy [9].

Group 1 - The core viewpoint emphasizes the significance of advancing the Free Trade Area of the Asia-Pacific (FTAAP) amidst the current geopolitical landscape, particularly as China prepares to host APEC in 2026 [1][2] - Kishore Mahbubani highlights that the ongoing push for free trade agreements in East Asia lays a crucial foundation for the FTAAP, especially in light of the U.S. retreat from international trade agreements [1] - The potential inclusion of India in the Regional Comprehensive Economic Partnership (RCEP) is seen as a way to enhance regional cooperation and elevate the FTAAP's prospects [1] Group 2 - The Regional Comprehensive Economic Partnership (RCEP) has come into full effect, covering 15 countries with a total population of 2.3 billion and a GDP of $26 trillion, representing 30% of the global economy, making it the largest free trade area [2] - The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is another significant trade agreement in the Asia-Pacific, involving 12 countries and setting high standards that can serve as a reference for the FTAAP [2] - Mahbubani asserts that the synergy between RCEP and CPTPP will facilitate the transition of FTAAP from a vision to a practical reality, with China's leadership role in APEC expected to inject new momentum into this process [2]

Core Insights - The recent signing of the China-ASEAN Free Trade Area 3.0 upgrade protocol in Kuala Lumpur creates extensive market and industrial cooperation opportunities for ASEAN and Chinese enterprises [1] - The protocol enhances competitiveness, attracts sustainable investment, and strengthens regional integration for ASEAN member countries like Indonesia [1] - The focus on digital economy and green growth aligns with Indonesia's development agenda, particularly in achieving net-zero emissions through clean energy and green transportation cooperation with China [1] Group 1 - The protocol covers new areas such as digital economy, green economy, and supply chain connectivity, which are crucial for Indonesia's development [1] - Indonesia aims to collaborate with China in e-commerce platforms, AI logistics, and digital payment ecosystems to support SMEs and reduce transaction costs [1] - In the green economy sector, Indonesia seeks to learn from China's experience in renewable energy technology, electric vehicle supply chains, and green finance frameworks [1] Group 2 - The Regional Comprehensive Economic Partnership (RCEP) provides new momentum for Indonesia-China cooperation, especially benefiting SMEs by simplifying customs procedures and promoting e-commerce [2] - The "Two Countries, Twin Parks" cooperation project between Indonesia and China aims to leverage complementary advantages in green energy, digital economy, mineral downstream processing, and sustainable agriculture [2] - The upcoming China International Import Expo in Shanghai offers Indonesian SMEs a platform to find partners, expand markets, and integrate into the global trade ecosystem [2]

Core Insights - The article emphasizes the importance of strengthening Sino-Thai relations as both countries celebrate the 50th anniversary of diplomatic ties, with a focus on moving from "integration" to "co-creation" in economic cooperation [1][2][4]. Trade and Investment - China has been Thailand's largest trading partner for 12 consecutive years, with bilateral trade expected to reach $133.98 billion in 2024, a 6.1% increase year-on-year [2]. - From 2020 to 2024, China's cumulative greenfield investment in ASEAN is projected to be $65.91 billion, with $42.26 billion (64.1%) classified as "new three types" of investments, focusing on photovoltaic, new energy vehicles, and lithium batteries [1]. Future Directions for Cooperation - The shift from "integration" to "co-creation" is highlighted, where Thai companies are encouraged to actively collaborate with Chinese partners in creating value and developing technology [2][4]. - Three key areas for potential collaboration include green and digital technology, agriculture and food industry, and financial services [5][6]. Local Expectations from Chinese Enterprises - Thai stakeholders expect Chinese companies to enhance joint research and technology sharing, establish local supply chains, and collaborate with large Thai enterprises to explore the ASEAN market [3][8]. Policy and Frameworks - Utilizing trade agreements such as the Regional Comprehensive Economic Partnership (RCEP) and the upgraded China-ASEAN Free Trade Agreement is crucial for unlocking market potential and deepening cooperation [2][4]. Long-term Sustainability - Emphasizing the need for deep localization, Chinese enterprises are encouraged to build trust within local communities by creating tangible benefits and adhering to local regulations [9][10].

Core Insights - The China-ASEAN Free Trade Area 3.0 upgrade creates extensive market and industrial cooperation opportunities for ASEAN and Chinese enterprises [1] - The agreement enhances competitiveness, attracts sustainable investment, and strengthens regional integration for ASEAN member countries like Indonesia [1] Group 1: Digital and Green Economy - The upgraded protocol covers new areas such as digital economy, green economy, and supply chain connectivity, aligning with Indonesia's development agenda focused on digital transformation and green growth [1] - Indonesia aims to achieve its net-zero emissions target through cooperation in clean energy and green transportation, which aligns with China's development strategy [1] - In the digital economy sector, Indonesia seeks collaboration with China in e-commerce platforms, AI logistics, and digital payment ecosystems to support SMEs and reduce transaction costs [1] Group 2: Regional Comprehensive Economic Partnership (RCEP) - The RCEP provides new momentum for Indonesia-China cooperation, particularly benefiting SMEs by simplifying customs procedures and promoting e-commerce and digital trade [2] - The "Two Countries, Twin Parks" cooperation project between Indonesia and China aims to leverage complementary advantages in green energy, digital economy, mineral downstream processing, and sustainable agriculture [2] - This project is expected to serve as an industrial connector and trade accelerator, providing new platforms for investment, technology exchange, and industrial cooperation [2] Group 3: China International Import Expo - The upcoming China International Import Expo in Shanghai presents a significant opportunity for Indonesian SMEs to find partners, expand markets, and integrate into the global trade ecosystem [2] - The partnership between Indonesia and China is seen as mutually beneficial and a cornerstone for regional stability and development, highlighting the transformative role of platforms like the Import Expo [2]