Globalisation and regionalisation of trade and investment are drawing in all countries and becoming an irresistible trend in Asia. China is at the centre of this new structure. Since 1992 in particular, as investments in labour-intensive manufacturing from Taiwan, Hong Kong, the US, Japan, Europe and Southeast Asia have moved in a rising wave though the open Chinese door, steeply raising its trade profile.
On March 7, China unveiled a new Anti-Secession Law in its third session of the 10th National People’s Congress meeting. The law legalizes China to take military action against the renegade province, Taiwan. The full text of the Anti-Secession Law stated a three-point scenario for ‘‘non-peaceful action’’ against Taiwan.
China has not issued any official statement on the recently concluded elections in Iraq. However, in a Press Conference on February1, 2005, to a question on the elections, the Foreign Ministry Spokesman Kong Quan said that:
Trade bloc: Can we trust China?
Globalisation and regionalisation of trade and investment are drawing in all countries and becoming an irresistible trend in Asia. China is at the centre of this new structure. Since 1992 in particular, as investments in labour-intensive manufacturing from Taiwan, Hong Kong, the US, Japan, Europe and Southeast Asia have moved in a rising wave though the open Chinese door, steeply raising its trade profile.