China and Switzerland Update Free Trade Agreement, Focusing on Digital Economy

China and Switzerland have strengthened their existing free trade agreement (FTA), setting the stage for enhanced cooperation in a range of sectors, including digital economy fields. Foreign Ministers Wang Yi from China and Ignazio Cassis of Switzerland convened at the China-Switzerland Foreign Ministers’ Strategic Dialogue in Bellinzona on October 10, 2025 to discuss this upgrade. While no direct impact on cryptocurrency markets was announced, potential collaboration opportunities were explored, particularly in areas like AI and finance.