🎁Which sectors & companies will benefit from the free trade upgrade between China and Singapore?
@Tiger_SG:
Good news keeps coming between China and Singapore.Last week, China and Singapore agreed to mutually waive visas for ordinary passport holders.This week, according to the Chinese Ministry of Commerce website, the two governments signed a protocol to further improve the free trade agreement.The protocol mentions the promotion of cooperation between the two parties in the areas of cross-border trade in services, investment, telecommunications services, the digital economy, and other areas.In detail:About trade in services: The Protocol has upgraded concepts such as national treatment, market access, and domestic regulations and included commitments such as most-favored-nation treatment and local presence.About investment liberalization: Provisions such as national treatment and most-favored-