South Korea and Japan set to be the biggest winners in the Asian oil and chemicals markets as the world’s largest regional free-trade agreement paves the way for a gradual reduction in tariffs. Some analysts claim that China stands to gain most income from the pact. The China-backed agreement is seen as an alternative to the Trans-Pacific Partnership (TPP), a[Read More...]
The Asian Times writer Pepe Escobar is one of the most widely read and respected commentators in the English language, although he himself is a Brazilian and therefore always writing in a foreign language. In part because of the location of his major media outlet, Singapore, and in part because Asia is clearly where Escobar […]
The outcome of the US elections (whose end is still unclear), and the signing of an agreement on forming a free trade zone involving the participation of 10 ASEAN countries, China, Japan, South Korea, Australia, and New Zealand (the Regional Comprehensive Economic Partnership, or RCEP), are two of the most notable events in the past […]
Contrary to the skepticism of the author a year ago, on 15 November of this year, during one of the (video) summits based on ASEAN (Association of South-East Asian Nations that include ten countries), the Agreement on the creation of a Regional Comprehensive Economic Partnership (RCEP) was signed. This completes the long-term process of forming the […]
Red Lines host Anya Parampil speaks with Beijing-based journalist Ian Goodrum about the recent signing of the Regional Comprehensive Economic Partnership in Asia. The agreement includes countries representing one-third of the global GDP and population, yet excludes the United States. They discuss the implications the deal will have for the world economy.
China has achieved the almost impossible – a free trade agreement with 14 countries – the ten ASEAN, plus Japan, South Korea, Australia and New Zealand, altogether 15 countries, including China. The so-called Regional Comprehensive Economic Partnership, or RCEP, was in negotiations during eight years – and achieved to pull together a group of countries […]
The signing of a 15 member trade pact, Regional Comprehensive Economic Partnership (RCEP), is a watershed moment not only for the proponents of a post-American ‘Asian Century’, but also a major even in the history of US-China economic competition, a power-struggle that certainly has major implications for global political and economic system. RCEP includes all […]
In the mist of the gloom generated by the twin health and economic crises, the birth of the Regional Comprehensive Economic Partnership (RCEP) is a ray of light auguring hope. More than a million lives have been lost world-wide as a result of the coronavirus pandemic, there is massive unemployment and entire societies have been devastated. For the 10 ASEAN[Read More...]
A major treaty was signed on 16 November 2020 and it has been barely noticed by the western media. The treaty in question was between 15 predominantly Asian states, with two exceptions being Australia and New Zealand. It is called the Regional Comprehensive Economic Partnership with (RCEP). The signatories to the historical agreement are the […]
A 15-member South Asian trade agreement that includes China and Japan has put the West on notice that its influence in the region is waning and possibly done for.
The post Our House: Why China’s New South Asian Trade Deal is Making Washington Sweat appeared first on MintPress News.
