China files application to join Pacific trade pact

China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the commerce ministry said, as the world’s second-biggest economy looks to bolster its clout in trade. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement in a letter to New Zealand’s trade minister, Damien O’Connor,… Read More China files application to join Pacific trade pact

Bahamas PM Hubert Minnis concedes defeat in general elections

Bahamian Prime Minister Hubert Minnis on Thursday conceded defeat in the general elections on the Atlantic island chain reeling from a surge in COVID-19 cases and slump in the tourism-dependent economy due to the pandemic. Minnis called his challenger Philip Davis to congratulate him and his Progressive Liberal Party (PLP) on winning the poll. “I… Read More Bahamas PM Hubert Minnis concedes defeat in general elections