China Economy: News & Discussion

ym888

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Mahbubani is a CCP stooge . He's indirectly asking India to join the RCEP blaming our lack of economic heft in ASEAN vis a vis the Chinese on our non participation in the RCEP. He receives little to no traction in Delhi or other western capitals for his allegiance is too well known .

As far as ASEAN is concerned apart from trade what exactly is innovative in their economies ? Why exactly are Chinese OEMs shifting lock stock & barrel to ASEAN countries especially Vietnam , Thailand , Indonesia , etc ? You think of India & the rest of the world as fools not to see & understand what's happening there ?
RCEP will not make you a technology innovation powerhouse in a year,

The same goes for the WTO and free trade agreements

RCEP aims to create a single market free trade agreement by cutting tariff and non-tariff barriers.

By the way, welcome Comrade Mahbubani
 

Azaad

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RCEP will not make you a technology innovation powerhouse in a year,

The same goes for the WTO and free trade agreements

RCEP aims to create a single market free trade agreement by cutting tariff and non-tariff barriers.

By the way, welcome Comrade Mahbubani
RCEP is here to promote trade & benefits those who are strongly into mfg. The rest serve as markets & dumping grounds. It's really as simple as that.

WTO has ceased to be the global body to promote & regulate trade that it was envisaged to be.

If you weren't aware of "comrade" Mahbubani before this, then all I can say is you ought to read more.
 

ym888

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RCEP is here to promote trade & benefits those who are strongly into mfg. The rest serve as markets & dumping grounds. It's really as simple as that.

WTO has ceased to be the global body to promote & regulate trade that it was envisaged to be.

If you weren't aware of "comrade" Mahbubani before this, then all I can say is you ought to read more.

Who benefits from free trade agreements is a good question.

in a free trade agreement, a group of countries agrees to lower their tariffs or other barriers to facilitate more exchanges with their trading partners. This allows all countries to benefit from lower prices and access to one another's resources.

Whatever the free trade agreement, the world's factory will certainly benefit.

It is reasonable to receive a reward for hard work
 

Azaad

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Who benefits from free trade agreements is a good question.

in a free trade agreement, a group of countries agrees to lower their tariffs or other barriers to facilitate more exchanges with their trading partners. This allows all countries to benefit from lower prices and access to one another's resources.

Whatever the free trade agreement, the world's factory will certainly benefit.

It is reasonable to receive a reward for hard work
No country with a sizeable population can ever afford to be solely consumers or into peripheral mfg like assembly packaging, rebadging etc as ASEAN will soon find out .

As far as China's concerned, it's the only nation benefiting from such lop sided arrangements.

For how long remains to be seen as those very ASEAN nations which happen to have China as their largest trading partners also have outstanding territorial disputes with China.
 

ym888

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No country with a sizeable population can ever afford to be solely consumers or into peripheral mfg like assembly packaging, rebadging etc as ASEAN will soon find out .

As far as China's concerned, it's the only nation benefiting from such lop sided arrangements.

For how long remains to be seen as those very ASEAN nations which happen to have China as their largest trading partners also have outstanding territorial disputes with China.
It is a free trade agreement that any country can withdraw from at any time.

India is welcome to join the agreement
 

Azaad

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It is a free trade agreement that any country can withdraw from at any time.

India is welcome to join the agreement
It's not as easy as you think to withdraw once you're in it. Think Brexit & the time it took to thrash out an agreement once they withdrew from EU.

India's not interested in RCEP. Neither will it be for the foreseeable future.
 

ym888

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It's not as easy as you think to withdraw once you're in it. Think Brexit & the time it took to thrash out an agreement once they withdrew from EU.

India's not interested in RCEP. Neither will it be for the foreseeable future.
It's not the EU, it's just a tariff agreement. Borders are not open. Exiting the agreement is not hard.



It is a shame that India will not join. RCEP has a very good future. There will be many new members joining.
 

Azaad

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It's not the EU, it's just a tariff agreement. Borders are not open. Exiting the agreement is not hard.



It is a shame that India will not join. RCEP has a very good future. There will be many new members joining.
I know it's not the EU . The idea was to convey that nations exiting agreements aren't easy or quick to implement as you make it sound.


Good for China if new members are joining in. Make hay WHILE the sun shines.
 

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Tesla will finally go with Lidar, supplier will be Chinese Luminar.


Luminar Sets Up New LiDAR Plant In Same Neighborhood As Tesla's Latest Gigafactory
 

ym888

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I know it's not the EU . The idea was to convey that nations exiting agreements aren't easy or quick to implement as you make it sound.


Good for China if new members are joining in. Make hay WHILE the sun shines.
Welcome to a new member : Bangladesh


 

Azaad

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rockdog

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Azaad

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