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The United States currently has 14 Free Trade Agreements (FTAs) with 20 countries in force; the links below will take you to their full texts.
China's FTA partners are ASEAN, Singapore, Pakistan, New Zealand, Chile, Peru, Costa Rica, Iceland, Switzerland, Maldives, Georgia, Hong Kong, Macao, and Taiwan. China has also recently signed FTAs with Korea and Australia, both of which include a chapter on investment.
China maintains 17 Free Trade Agreements (FTAs) with its trade and investment partners and is negotiating or implementing an additional eight FTAs.
Arguments. The Chinese government's overseas-development policy has been called debt-trap diplomacy because if an indebted country fails to service its loans, it becomes vulnerable to pressure from China to support its geostrategic interests.
TYPES OF TRADE AGREEMENTSFree Trade Agreement.Preferential Trade Agreement.Comprehensive Economic Partnership Agreement.Comprehensive Economic Cooperation Agreement.Framework agreement.Early Harvest Scheme.