We Chinese are just taking u for a ride. Got invited and never signed in the end is even worst. It just like a gold bar already given to u but slipped from your pocket.
[CONGRATS] CHINA & OTHER COUNTRIES OFFICIALLY SIGN RCEP TODAY !! THE LARGEST ECONOMIC TRADING BLOC IN HUMAN HISTORY
- Thread starter Daniel808
- Start date
We Chinese are just taking u for a ride. Got invited and never signed in the end is even worst. It just like a gold bar already given to u but slipped from your pocket.
FlashGordon
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We Chinese are just taking u for a ride. Got invited and never signed in the end is even worst. It just like a gold bar already given to u but slipped from your pocket.
How is it worse? We saw the deal, we analyzed it and we rejected it as not good for us. Last I learbt, GT is soar like a rejected lady.
Beidou2020
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Han Patriot
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Thank god the India is out.
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masterchief_mirza
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How's that "Quad" working out for you? Looking more like quadriplegic lip service to me.
Yes.... Pakistan is going to lose from something that benefits China. You keep thinking that.
We're pleased for China. And we're even more pleased that you can't draw breath without thinking about Pakistan.
shi12jun
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India is a failed country and has no courage to join. Not comparable to Southeast Asian countries.
Leishangthem
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India knows they can't even compete against ASEAN nations that's why they backed out.But the biggest winner of this trade deal are japan and S.korea,meanwhile china gains more in political leverage,rather than pure monetary gain.
By agreeing to this ,china classified these asian nations as future partners and the west, especially the US as their nemesis.
By agreeing to this ,china classified these asian nations as future partners and the west, especially the US as their nemesis.
Viet
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No not a loss at all, boycott chinese products, buy our products instead. Why India not sign Fta with Vietnam? Win win.
Viva_Viet
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Thats true, dont know why India still keep using Xiaomi phones while they can order OEM manufacturing from VinSmart phone.
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VinSmart will provide 2 million smartphones to the US carrier
Tram Ho Tram Ho
3 days ago
According to Nikkei sources, Vietnam technology group Vingroup has signed a contract with an American company to manufacture and supply smartphones for this market. This is seen as a step forward for actively expanding overseas markets.
Under this OEM manufacturing agreement, Vingroup is expected to produce up to 2 million devices with 4 4G smartphone versions for this US company. Some devices have been shipped. Although the company did not disclose the name of the partner in the US market, a Bloomberg report claimed that it was the major carrier AT&T.
Leishangthem
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India has ratified a new law ,that treats imports based on origin ,rather than manufacturing/assembly base. So even if Vietnam has increased its manufacturing capacity,most of the products thereof will be labeled as chinese/japanse/korean etc and will be taxed accordingly.
Does your vinsmart has massive manufacturing base in India like xiaomi does?
Viva_Viet
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So seem like India never can get rid of Xiaomi and help CN get richer.
U should think abt making your own phone, even just OEM manufacturing for other Brands, bro.
Daniel808
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RCEP is the door for those countries to enter 1.4 Billion People Market with BOOMING economy.
M'sia optimistic RCEP will serve as economic recovery tool amid Covid-19 pandemic, says Azmin
- NATION
- Wednesday, 11 Nov 2020
3:33 PM MYT
By SIRA HABIBU
PETALING JAYA: Malaysia is optimistic that the Regional Comprehensive Economic Partnership (RCEP) Agreement, scheduled to be inked this Sunday (Nov 15), would serve as one of the economic recovery tools amid the Covid-19 pandemic.
International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali (pic) said the implementation of the agreement would help ensure the opening of markets as well as uninterrupted supply chains.
"During this difficult time, I believe it is imperative that we act in solidarity in order for the Asean Comprehensive Recovery Framework (ACRF) to materialise," he said Wednesday (Nov 11).
Azmin issued the statement after attending the final ministerial level meeting for the RCEP Agreement with 14 other ministers, including Asean-FTA partners, on Wednesday morning.
It was also in line with the ACRF, as one of the broad strategies to maximise the potential of the intra-Asean market and broader integration initiatives, he said.
By endorsing the RCEP Agreement, Asean would prove to the world that it supported free trade, and opposed protectionism policies, he added.
Azmin said all the RCEP participating countries (RPCs) had concluded negotiations after eight long years, and would finally endorse the Agreement at the 4th RCEP Summit this Sunday.
"After eight years of negotiating, we have finally come to the moment where we will seal the RCEP Agreement this Sunday.
"It would demonstrate to the world that Asean, together with the Asean FTA (Free Trade Agreement) partners, says no to protectionism, and yes to free trade," he said.
Azmin also said the RCEP would reflect commitment to multilateral trading systems, as well as to the World Trade Organisation's (WTO) development agenda.
"The history of the RCEP negotiations has been a long and arduous journey but finally we are at the finish line," he said.
Azmin said it showed that Malaysia and other RCEP countries chose to open up their markets instead of resorting to protectionist measures during these difficult times.
"This is also consistent with the business support measures announced in Malaysia’s Budget 2021.
"No doubt, RPCs would be able to ride on the economic value chains generated with this agreement, which will enhance regional economic integration with many multiplier effects," he said.
The benefits include an expanded customer base comprising one-third of the global population.
"We would also be able to see the easing of non-tariff measures, including harmonisation of rules and standards related to trade to facilitate cross-border trade within the region," he said.
Azmin expressed optimism that the region could attract greater investments by endorsing the RCEP agreement.
"The agreement further demonstrates Asean’s centrality in shaping the global trade agenda.
"It is also imperative that all RPCs endorse the interim joint committee so as to ensure the smooth and swift implementation of the agreement," he said.
https://www.thestar.com.my/news/nat...covery-tool-amid-covid-19-pandemic-says-azmin
Prosperity for All Asian, from Malaysia
masterchief_mirza
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Looks like India did the perfect Brexit.
Viet
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No not yet
If Vinsmart gets funding it can establish factories in India.
We have the technology to make hundreds of millions smartphones per year.
Not a problem.
Making smartphones is like making shoes.
Leishangthem
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China didn't force India to anything,China provide jobs, expertise and investment in exchange of profit,and India gladly accepted that.
Do you seriously believe it has the technology and economic backing to compete at xiaomi's pricepoint?
If anything ,the firm will import most of its parts from china and sell the less innovative tech at a higher margin.
