Given the reciprocal IT of the Chinese partners, the relative importance of their export and import ties with China has steadily increased over the first 5 years of the implementation period of the agreement (see the lower panels of Figure 4). 12. Ghosh S, Yamarik S. Is the creation of your business up to the task? A review of the impact of regional trade agreements. Econ Lett. (2004) 82:213–9. doi: 10.1016/j.econlet.2003.06.001 This report was prepared by Sean Randolph, Senior Director of the Bay Area Council Economic Institute. . .