RCEP

All news and posts of our editorial team on the topic

Germany increases imports from China
Germany wants to become less dependent on China. In truth, however, German consumers and companies are moving in the opposite direction: Germany is buying more and more goods from China. Disentanglement seems illusory for the moment. continue reading →
Hainan Expo: promises for the future – without German interest
The country presentations at the Consumer Products Hainan Expo show the status of German-Chinese relations – and how other countries deal with China. German exhibitors are not even mentioned by the exhibition and are only active on the sidelines. France, on the other hand, is the guest of honor. continue reading →
Biden in Asia: new economic cooperation against China
Joe Biden will travel to Asia for the first time since he took office as US president. Despite the Ukraine war, the dispute with China remains an important element of US policy. Washington wants to prevent China from attacking the Western-dominated "rules-based order". To its allies in the region, Washington wants to make new economic cooperation palatable. continue reading →
Wellington und Peking erweitern Freihandel
China wird ab Donnerstag die Zölle auf zwölf neuseeländische Papier- und Holzartikel senken. Davon profitieren unter anderem die Hersteller von Toilettenpapier, Kosmetiktüchern und Papierbögen. Die Zölle sollen innerhalb der kommenden zehn Jahre schrittweise bis auf Null reduziert werden.Seit 2008 besteht bereits ein Freihandelsabkommen zwischen den beiden Volkswirtschaften, das sich am 7. April zum 14. Mal […] continue reading →
Latest trade statistics: no sign of decoupling
The trade statistics of 2021 show no sign of decoupling. The Chinese economy is more embedded into the global economy than ever before. Both China's imports and exports have grown by around 30 percent. However, China is buying less from the US and more from Asia and New Silk Road countries. The Americans' policy has dried up. continue reading →
RCEP: launch of the world’s largest free trade area
In January, a huge economic free-trading area will be established with the RCEP. What was intended to be a free trade agreement of the Southeast Asian confederation ASEAN, now mainly benefits China, Japan and South Korea. In this way, the People's Republic is becoming part of a regional free trade agreement for the first time. continue reading →
RCEP against China’s vulnerability
The Regional Comprehensive Economic Partnership (RCEP), the largest trade agreement in the world, enters into force in January 2022. RCEP is part of China’s larger push to regionalize trade, secure supply chains in its neighborhood, and thereby reduce its vulnerability to supply disruptions caused by geopolitical tensions. RCEP also aims to open new markets for Chinese companies in the region. Establishing a level playing field and higher environment and labor standards are not RCEP’s top priority: in these areas it lags behind China’s existing trade agreements with developed economies. continue reading →
China to cut tariffs on RCEP
China is ready to cut tariffs when the RCEP regional trade agreement takes effect on January 1st, 2022, Bloomberg reports. According to the report, the Ministry of Commerce has said it is in favor of a quick full implementation of the agreement. The Regional Comprehensive Economic Partnership was adopted in November 2020 by 15 countries […] continue reading →
Beijing seeks to join the Pacific Partnership
Beijing has petitioned to join an economic alliance originally intended to exert economic pressure on China. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is the successor to a free-trade project, established by US President Barack Obama to keep China in check. Under Donald Trump, however, the US has retreated from the project. Now, […] continue reading →
RCEP: partners in conflict
Australia and China are engaged in bitter political disputes. At the same time, both are joining the new RCEP free trade agreement. Can the trade agreement withstand these strains? continue reading →
China won 2020
After a rocky start, China has clearly ended 2020 on a high note, having brought the pandemic under control and strengthened its position both in Asia and on the global stage. Though the world has been spared another four years of Donald Trump, America and its allies will have their work cut out for them. continue reading →