Asia-Pacific nations sign world’s biggest trade pact

[1l1l11ll1l]

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'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

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[oHnK]

What bothers me in this pact is that China seems like it's trying to create its own 'sphere' wherein they could easily implement something and others would freely trust it because, well, they belong to the same pact. Kinda like what Japan envisioned during WW2, the Greater East Asia Co-Prosperity Sphere which promised 'co-prosperity' and 'peace' along those within the network. Only this time, China acts as a passive, free-trading entity sans the aggression (?) imposed on other members. I just hope though that this does not develop further into an EU-like structure that is crumbling by the day. It's good on paper, although on practice it's a different story.

I am not sure that this can develop into a political plane, like the European Union, if only because the signatories have a lot of contradictions in political issues. To a certain extent, this is a trade victory for China and a guarantee of continued economic growth, along with continued growth in trade turnover in the region, when the United States of America is trying to isolate its economy from Chinese goods and Chinese capital by staging trade wars.

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.

[Fesatmas]

Some would see a very nice conspiracy theory in this, because the virus as we know came from China which is now almost virus free as some of the countries in this pact. While on the other hand, Europe is going through very difficult days under the impact of the second wave, and it is to be expected that it will very likely hit the US full harder than it is now.

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.

[CarnagexD]

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.

[Febo]

His incredible investment in Africa

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.

[bits4books]

His incredible investment in Africa

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.

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.

[Lucius]

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 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.

For me every day, I don't fully believe in Covid 19...
What is going on? I increasingly question the hospital's credibility data.

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.

[Febo]

His incredible investment in Africa

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.

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.

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.

[bits4books]

His incredible investment in Africa

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.

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.

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.

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.

[Yatsan]

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.

[wxa7115]

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.

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.

[Argoo]

China and 14 other countries have agreed to form the world’s largest free trade bloc, encompassing nearly a third of all economic activity.  Without USA, EU or Russia.

https://www.aljazeera.com/economy/2020/11/15/rcep-15-asia-pacific-nations-set-worlds-biggest-trade-pact

One third of worlds economy can work on their own by itself. If we add influence they have over Africa, this is by far strongest free trade bloc that will be almost impossible to challenge in the future.  

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.

[target]

China and 14 other countries have agreed to form the world’s largest free trade bloc, encompassing nearly a third of all economic activity.  Without USA, EU or Russia.

https://www.aljazeera.com/economy/2020/11/15/rcep-15-asia-pacific-nations-set-worlds-biggest-trade-pact

One third of worlds economy can work on their own by itself. If we add influence they have over Africa, this is by far strongest free trade bloc that will be almost impossible to challenge in the future.  

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.

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.