The signing of the world’s largest free trade deal has given China significant influence in Asia Pacific, which could shape the region’s economic and political landscape for years to come. CNBC’s Tom Chitty explains.
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RCEP = Rusia China EU Pack
china is future
This is just China's Creation of an Alternative Easy Access Market 🤷♂️🤷♂️ Open your Eyes ASEAN
15 countries signed the rcep for free tradfe and south america wants to join
Thanks a lot!
Nobody is silly. Everyone strives for itself own benefit.
What about the West's plan to decouple and isolate China?
Asian countries economic integration is responsible for a new wave of acronyms like RCEP, TTP, APTA. Would be nice to watch something about their similarities, differences and implications.
Lol just watch Economics Explained. He gave the inefficiencies from a Multi lateral agreement of lacking accountabilities of the participants to their commitment unlike in a bilateral agreement that is more focused. I think this was discussed under his topic on Donal Trump. Just check out Economics Explained. I find independent creators of patreon more informative than CNBC
The meaning of RCEP in layman's terms. Investment from China, Manpower from China, Materials from China, your natural resources to China, your debt turns to equity, and your country sold to China. One Belt One Road All Road Leads to China. Beware of China investment the creator of foreign debt trap policy.
Looking for beef
It is a good move to show the western world that the Asians are not to be pushed around and underestimated. They want to trade with asia they should equally respect the Asians and stop their racist rhetorics and mindset!
RCEP = How to destroy ASEAN local product.
i love how they use shitty part of video when introduce China South Korea and Japan
India be like : What we have got ? 💩
I am so happy my nation didn't participate in it otherwise our markets would have been filled with low-quality Chinese products killing local businesses.
You are showing wrong Indian map. Please correct it.
It's amazing how America's domestic politics eliminates any chance of strategy in foreign policy. Specifically, RussiaGate/Ukraine meant Russian sanctions and driving it further east. Then, to appease AIPAC, the US pulled out of the JCPOA and went maximum pressure on Iran, which simply strengthen the SCO. Then, of course, America First and the pull out from the TPP. Finally, the sale of nuke subs to Australia and the formation of AUKUS is fine (although we won't know for years whether the UK and AU can pull their weights), but not at the expense of isolating Europe, especially on the eve of Merkel's retirement and formation of a new Germany coalition.
I am Malaysian and I believe We can be the most competitive economy in the World with vast diversification, prosperity, and inclusivity. Economic sustainability can be achieve if We stand together, stronger, with Malaysia 🇲🇾
Bangladesh also included 🇧🇩 ( 2021)
Where does someone look for the credible sources of a report like this?
The only problem of China Japan South Korea free trade deal is, to many Japanese and Korean officers were committed “suicide”.
In the end, Japan and Korea will retrieve war right, only then China will have a free trade deal with them.