Topic: Asia-Pacific nations sign world’s biggest trade pact (Read 443 times)

There is nothing that will stop US from doing the same like having their own trade pact and also having their own stablecoin. There is nothing wrong with that either, I'm sure they can program their stablecoin to work like crosschain. China though had been investing to neighboring countries to earn trust, particularly the African and Asian countries.

This agreement should be regarded as one of the stages of the trade war between the United States and China. Also, China is creating a regional stablecoin in the region to service their transactions. Well, this will greatly strengthen China. Therefore, they say that over time, the yuan can replace the dollar as the world's reserve currency.

It is obvious that the pandemic has played a major role in many of the decisions that we have seen during this year and I have no doubt that this is the case with this trade pact, most likely what this means is that those countries are going to trade each other with preferential rates and prices and if given the option of trading with someone outside the pact and trading with someone inside the pact there probably going to give preference to the countries that are inside the pact already.

This could mean problems especially for big economies like the United States because the Trump administration has burned a lot of bridges and the world did not stop and during that time it seems that many countries have moved away from the influence of the United States and are moving towards China and this pact seems to reinforce my belief this is the case.

This is way too good to make happen. Such alliance of different countries at times like this that each and every economy is struggling to came into recovery process is a right call to have an alliance between different countries to help each other out of the existing problem on hand. The trade pact signed by Asia-Pacific nations is a good way to help out struggling economies find a new hope and a way out through this pact. Although it seems that this is not just a new action done by participating countries for it have been done even before, still this trade pact to exist at times like this is very timely to be done because it is being called out by the situation.

You're wrong there. The mask is necessary, but not to hide China  from someone. Its need so that there are no reasons for the rest of the world to look at China as something bad.
As long as China formally covers its true intentions with all sorts of humanitarian nonsense and other aspirations to help "poor African Americans", everything will be fine. But if he acts as you suggest - in a blunt, brazen and harsh way, then it will simply not be possible to turn a blind eye to this and all sorts of" activists " will force the leaders of countries to pay attention to it.

China will not be behind any mask. They just want resources and they bought them. Yes they will also use army to protect them if needed. No mask needed.

For someone living in the EU, I would not say that there is a conspiracy behind what is currently happening in the EU - the virus has simply infected a very large number of people who are spreading it around, and to make matters worse, virus has become even more contagious. To combat this, most countries are simply forced to go into full or partial lockdown, which creates huge financial losses, causes a drop in GDP and economically weakens each country individually and the EU as a whole.

On the other hand, we have China, from where everything started - and which, at least for now, shows no signs of a second wave of pandemics. In other words, China and its trading partners have the opportunity to prosper economically, while on the other hand the West is struggling with the virus.


The virus is there, there is no doubt about it - it is just an accelerator that kills someone who already has a serious illness before it would otherwise happen, but that does not mean that it does not kill completely healthy people, and those who can still be considered young (under 40 years of age). I know a lot of those who also suspected but got infected and some of them had a very severe form of the disease and even ended up on a respirator.

When you know that someone you saw on the street ten days ago is fighting for his life, and he is otherwise a healthy young person - you cannot doubt that the virus does not exist or is not dangerous.

And this is the biggest mistake of all around. When there was an attempt to civilize Africa and make it habitable by Europeans and Americans, you know what happened.
And now those days are over and it is enough for China to hide behind the mask of charity and the desire to help the " poor population "with their money, but in fact this is no different and will not differ from" Apartheid " - only the white farmers-colonists will be Asian businessmen with suitcases of cash. And when the world comes to its senses, it will be too late to do anything about it.

Yup this s true. But China simply cant survive without African resources. China is poor on resources. USA is rich. USA dont need Africa, China needs it badly. And China is already taking Africa.

I feel sory for the people who still believe that COVID-19 is fake. Sure, it may as well be a political biological warfare to whittle down every country's economy and workforce, but that shouldn't stop yoh from believing it is real. A lot of people had died, you can't just say fake death to the mothers and fathers who lost their sons and daughters to this disease. Please keep an open mind but make sure your brain is not leaking out.

The question is, is there some kind of conspiracy that is actually being built in European countries? Are they deliberately playing with the political turmoil behind the pandemic which is currently entering its second stream?

For me every day, I don't fully believe in Covid 19, because the more I learn, the more irregularities there will be. However. I don't even glance at the fallen victims every day. because even without Covid 19, at any time there will be many people who die. But under the pretext that currently people who have died from strokes, the elderly, are all included in the list of victims of the corona virus.

What is going on? I increasingly question the hospital's credibility data.

However, if you look at the economic cooperation relations that have been carried out by China with my country and countries in the Asian region, it also has an impact on the socio-political field. For example, the free trade relationship made by China with my country actually makes the government always support China in almost all aspects, we who continue to depend on projects funded by China have even become a matter of controversy in my country that our government is building a political strategy with China where great harm to our country. Not only is it flooded with products from China but even my country's politics cannot be separated from China.

I'm not really sure about the pandemic, but is the pandemic a momentum for China? I just feel that the country that has benefited the most from this agreement is China

The agreement aims to reduce tariffs open up trade in services and promote investment to help emerging economies keep in touch with other countries in the world. In particular allowing each RCEP member country to export products anywhere in the block will help reduce costs and time for companies. But going from a least developed to a developed country soon will not be able to enjoy all these benefits. On the contrary the formation of this new alliance is expected to lead to tough competition with Vietnam in other areas including garment exports.

For much of its history, China was busy with the infighting and consolidating itself as a country. By the time it all fell into place, the wave of imperialism from the wide world had already begun. The non-imperialist history of China isn't due to some philosophical stance but due to the circumstances. It has only been around a decade that China has truly had the capacity to actually have economic and millitary influence outside its own borders. Within that time, it has shown enough aggression and unfounded claims for the world to realize that what exactly China wants. Saying that China is some sort of a peaceful country is stupid.

As far as this trade agreement is concerned, it is essentially uniting much of the ASEAN and the major export-oriented developed countries in the rest of Pacific. What is does is to remove a great deal of worry about one of the two strategic waterways for China, namely the Strait of Malacca. The only other bottleneck remaining after this for the Chinese is the Strait of Homruz through which a significant parts of its oil supplies flow. If anybody thinks that China is doing these things for trade and not for strategic influence will be in for a rude shock as the Chinese gradually give shape to their long term plan of strangleholding these smaller nations. This is the reason that India was had to opt out of RCEP.

I have a strong feeling that this trade pact between these countries have been triggered by the pandemic. Seeing how this agreement has been pending for 8 years and then suddenly when the pandemic is here all of the countries have agreed to a trade pact. This will be of course about focusing on rebuilding their economy much faster with their exports and people will be taking advantage of it in all industry especially in the agricultural industry which I see is deeply affected in some countries part of the pact.

I have always known that Japan would eventually join rest of the world on this as well, Japan became a very expensive nation in the recent years, not so much for people who live and work there but for everyone else and that makes trading very difficult for them.

For the Europeans and Americans to understand, let me explain it this way, assume you are making 1 million dollars a year and that is the average yearly income in your nation, but you are spending about a million dollars a year as well, that is your countries situation, could you afford to sell apples for 1 dollars?

You would have to sell it for 20 dollars, and package each apple individually, and if you are living like that and have no financial problem, you are still having problem selling something to other nations right? Because they get 1 kg of apple for 5 dollars where as you sell it for 1 apple 20 dollar basis. With this trade deal maybe Japan can finally lower their prices as well.

When you do not believe that you would benefit from a trade deal, you do not have to do it to begin with. If Africa thinks they can't compete with European products and when European products go to Africa and may destroy the market, then don't do it? There must be something in return of these pacts and I believe it is not just about bigger nation working to beat the smaller nation, I believe it is smaller nation having a chance to find a market in the bigger nation as well.

Comparing this to the fact that African nations currencies do not have the same value as Euro has, African companies can sell something for 1 euro whereas in Europe it is 10 euro, because in Europe it costs 2 euro to make it whereas in Africa it costs 10 cents to make it. Hence I still think both parties could find something they can benefit from.

It has been a dream of many Asian nations, since the Imperial Japanese' Sphere of Influence and Asia for Asians, this finally come true. Although it is still in an infantile stage hopefully this can alleviate in the growing prices of products. I do not think that it will be a problem for producers because aside the increase in competitors, the market they can sell to is larger.

I'm not talking about China that was once upon a time, 2-3-4 thousand years ago, but modern, familiar to all of us China.
His incredible investment in Africa, his constant problems with Singapore and the remnants of dislike for Britain as such, his unwillingness to put up with the US as a world leader, and so on and so on.
If earlier China was the place where all the roads of Asia converged , now China can be called the place where all the roads to this Asia start. Starting anything in China and having a share of luck and a good business plan - you can immediately jump to the entire Asian market, and then India. And you don't even need some EU or US, Russia or someone else-this market is more than enough.
If this is not really an Imperial scale, within which it is impossible to stop China (let's be honest, it is), then I have questions for you, and not for my history teachers.