23-9-7 Li Qiang at ASEAN - Update > .
22-11-27 Dragon's Claw: Xina's Next 10 Years - Kamome > . skip > .
22-10-27 Xina's Economy 60% Smaller Than Claimed - Macro > . skip > .
22-10-27 GDP Deflator - Macro > .
22-10-25 Xina's Q3 details - Update > .
22-10-11 Condeleeza Rice - Xina and Taiwan - Hoover > .
22-8-4 Situation Zoom: Pelosi Visits Taiwan | Goodfellows - Hoover > .
22-7-21 Xina losing international trust, 10 Pacific nations rebuff joint agreement - CR > .
22-7-21 Xina losing international trust, 10 Pacific nations rebuff joint agreement - CR > .
2016 RCEP vs exed-TPP > .
22-2-24 Australia considers replacing bullying CCP with Indian Market - Insight > .
22-1-6 Australia & Japan sign security cooperation treaty - Focus > .
21-12-28 Australia to streamline weapon-buying process - Focus > .
The Comprehensive Agreement on Investment (CAI) is a proposed investment deal between the People's Republic of China and the European Union. Proposed in 2013, the deal had NOT been signed as of 27 October 2022. In December 2020, the European Commission announced that the agreement was concluded in principle by the leaders of the EU Council, pending ratification by the European Parliament.
In March 2021, it was reported that there would be serious doubts about the approval of the deal in the European Parliament given China's "unacceptable" behavior toward members of the parliament, the European Council's Political and Security Committee, and European think tanks.
The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement between the Asia-Pacific nations of Australia, Brunei, Cambodia, China, Indonesia, Japan, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, South Korea, Thailand, and Vietnam. The 15 member countries account for about 30% of the world's population (2.2 billion people) and 30% of global GDP ($26.2 trillion) as of 2020, making it the biggest trade bloc in history. Unifying the preexisting bilateral agreements between the 10-member ASEAN and five of its major trade partners, the RCEP was signed on 15 November 2020 at a virtual ASEAN Summit hosted by Vietnam, and will take effect 60 days after it has been ratified by at least six ASEAN and three non-ASEAN signatories.
The trade pact, which includes a mix of high-income, middle-income, and low-income countries, was conceived at the 2011 ASEAN Summit in Bali, Indonesia, while its negotiations were formally launched during the 2012 ASEAN Summit in Cambodia. It is expected to eliminate about 90% of the tariffs on imports between its signatories within 20 years of coming into force, and establish common rules for e-commerce, trade, and intellectual property. The unified rules of origin will help facilitate international supply chains and reduce export costs throughout the bloc.
The RCEP is the first free trade agreement between China, Japan, and South Korea, three of the four largest economies in Asia. Several analysts predicted that it would offer significant economic gains for signatory nations, as well as "pull the economic centre of gravity back towards Asia, with China poised to take the lead in writing trade rules for the region", leaving the U.S. behind in economic and political affairs. Reactions from others were neutral or negative, with some analysts saying that the economic gains from the trade deal would be modest. The RCEP has been criticized for ignoring labor, human rights, and environmental sustainability issues.
The new free trade bloc will be bigger than both the United States–Mexico–Canada Agreement and the European Union. The combined GDP of potential RCEP members surpassed the combined GDP of Trans-Pacific Partnership (TPP) members in 2007. It was suggested that continued economic growth, particularly in China and Indonesia, could see total GDP in the original RCEP membership grow to over US$100 trillion by 2050, roughly double the project size of TPP economies. On 23 January 2017, UNpresident Idiot-in-Cheat signed a memorandum withdrawing the United States from the TPP, a move which was seen to improve the chances of success for RCEP.
CAI, RCEP - Asia, Europe, USA ..
EU 2023 ..
In March 2021, it was reported that there would be serious doubts about the approval of the deal in the European Parliament given China's "unacceptable" behavior toward members of the parliament, the European Council's Political and Security Committee, and European think tanks.
The trade pact, which includes a mix of high-income, middle-income, and low-income countries, was conceived at the 2011 ASEAN Summit in Bali, Indonesia, while its negotiations were formally launched during the 2012 ASEAN Summit in Cambodia. It is expected to eliminate about 90% of the tariffs on imports between its signatories within 20 years of coming into force, and establish common rules for e-commerce, trade, and intellectual property. The unified rules of origin will help facilitate international supply chains and reduce export costs throughout the bloc.
The RCEP is the first free trade agreement between China, Japan, and South Korea, three of the four largest economies in Asia. Several analysts predicted that it would offer significant economic gains for signatory nations, as well as "pull the economic centre of gravity back towards Asia, with China poised to take the lead in writing trade rules for the region", leaving the U.S. behind in economic and political affairs. Reactions from others were neutral or negative, with some analysts saying that the economic gains from the trade deal would be modest. The RCEP has been criticized for ignoring labor, human rights, and environmental sustainability issues.
- Comprehensive Economic Partnership for East Asia (CEPEA) .
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
- Trans-Pacific Partnership .
- East Asian Community .
- East Asia Summit .
- Asian values .
- Pan-Asianism .
- South Asian Free Trade Area .
- Free Trade Area of the Asia-Pacific (FTAAP) .
- Market access .
- Free-trade area .
- China–European Union relations .
- United States–European Union relations .
- China–United States relations .
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