Subscribe

FTAs bring benefits at every stage of the value chain

Australia’s trading relationship with China extends far beyond the export of finished goods. Hidden in many of the products exchanged are parts, processes and people that transact across borders throughout long value-adding chains.

For A.H. Beard, manufacturers of luxury beds, the process of manufacturing a bed and eventually selling to a consumer in China involves eight steps and three cross-border flows. It's easy then to see the opportunities that improved trading relationships, such as free-trade agreements, can bring for both Australian and Chinese businesses and consumers alike.

Click image to zoom Tap image to zoom

Infographic: Hot Butter Studio.

The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.

editor's picks

05 Dec 2014

How the Shanghai FTZ is changing trade

Mark Yang | Branch manager, ANZ

Chinese officials in Shanghai, the largest city in the world’s rising financial behemoth, have made no secret their desire for the region to become a global trading hub. Shanghai has a stated goal of becoming a major global centre for finance, commodity trading and shipping by 2020. A key part of its answer to this has been the Shanghai Free Trade Zone.

01 Dec 2014

Five reasons the China FTA is a game-changer

Mark Whelan | Group Executive Institutional, ANZ

At ANZ, we’re optimistic about the impact the free trade agreement (ChAFTA) between Australia and China is going to provide for a variety of businesses in Australia, and the nation more generally – for five reasons.

18 Nov 2014

Mike Smith: China FTA deal worth the wait

Mike Smith | Former Chief Executive Officer, ANZ

There is a saying that good things come to those that wait. The free trade agreement between Australia and China, ten years in the making, has been well worth the wait.