US-China Relations

As regional tensions rise, a more assertive China has set a goal of turning its vast People’s Liberation Army into a modern fighting force by 2027, and a world-class military by 2050 – but how far has it come, and where is it headed?
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The Regional Comprehensive Economic Partnership (RCEP) is a free-trade agreement (FTA) involving the 10 member states of the Association of Southeast Asian Nations (Asean) bloc and five of their FTA partners. The RCEP will eliminate as much as 90 per cent of the tariffs on imports between its signatories within 20 years of coming into effect.
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The US has deployed an aircraft carrier group led by the USS Ronald Reagan in the contested South China Sea for the third time in 2020. But China has frequently objected to US exercises and operations in the resource-rich waters which it claims.
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The trade war between the US led by Donald Trump and China and its President Xi Jinping started in July 2018. Here's how it started between the world's two biggest economies.
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China’s GDP is the value of all goods and services produced over a certain time period. It provides a snapshot of an economy’s health, capturing the size of output and its growth. This in turn can guide policymakers, investors and businesses.    
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