After a complete setback in its relations with Europe and the United States, the Chinese Communist Party retreated into an internal cycle, but found that the internal cycle was not working well, so it changed to a double cycle. Since Foreign Minister Wang Yi’s last trip to Europe, where he encountered many obstacles, the Communist Party leaders have hardly visited Europe and the United States, because it would be futile to go there. At the time when the external cycle was almost cut off, there was news of the signing of trade agreements between the CPC and a dozen Asian countries.
The agreement is called “Regional Comprehensive Economic Partnership Agreement” (RCEP), and besides China, there are 10 ASEAN countries, plus Japan, South Korea, Australia, and New Zealand, a total of 15 countries, with a population of 3.6 billion and a trade volume of about $27 trillion, accounting for one-third of the world’s GDP and one-third of the world’s total trade volume.
It is said to be the world’s largest regional trade agreement, with a very large scale and an intimidating framework.
What is the actual situation?
This agreement was first proposed in 2012, and after eight years of negotiations, it was only this year that an agreement was reached, for reasons that are easy to understand. Countries care about their own interests, which involves more than a dozen areas such as small and medium-sized enterprises, investment, economic and technical cooperation, trade in goods and services, with a focus on reducing and eliminating tariffs on trade in goods and services and lowering market access thresholds, such a complex agreement, it is much more difficult to reach consensus.
More importantly, when the Chinese Communist Party was too strong, how could the small countries of South-East Asia resist? There is only one reason for the success today: the Chinese Communist Party is eager to find a breakthrough in foreign trade in view of the bad situation at home and abroad, and with this agreement hanging in the balance, it has lowered its own conditions to accommodate various Asian countries in order to succeed as soon as possible to resist the pressure of the European and American siege.
The countries of the CCP’s eagerness to understand, of course, but the conditions lowered, to their advantage, so there is no reason to sign before saying, as for the agreement how to implement, after the implementation of what benefits, of course, to see the steps.
China’s foreign trade, the bulk of which is in Europe and the United States, how much share can Southeast Asia have? What do you think the Philippines has imported into China? Could it be dried mangoes? What does Indonesia have to import into China? Could it be shrimp chips? But these small Southeast Asian countries are likely to import large quantities of daily necessities, light industrial goods, even computers and mobile phones, from China. It is the mainland that takes the lion’s share, but the Southeast Asian countries need these products, but there is nothing they can do about it.
Without an agreement, it is easy to quarrel with each other, but with an agreement, everything can be resolved within the framework of an agreement, which is better than nothing for these small countries.
As for Australia and New Zealand, they are members of the Five Eyes coalition, of course, the relationship with the United States and the United Kingdom is important, and trade with the Chinese Communist Party has been bickering lately. Australian iron ore wool and so on, the Chinese communist countries are retaliating against sanctions, Australian high-tech products, are also subject to the US embargo, so Australia and New Zealand trade with China, of course, will be subject to the relationship with the Chinese communist countries, and not to this fifteen-nation Regional Comprehensive Economic Partnership. I’m afraid that even they don’t believe in the term “partnership” between Australia and the PRC.
For Japan, it is even more of a joke. Japan follows the United States in everything, and has recently been conducting military exercises with the United States, India and Australia, pointing their swords at the Chinese Communist Party with clear intentions. Since they regard each other as enemies, why do they still want to have a “partnership”? But when the agreement was first made, relations were not so bad, and now that the agreement has been negotiated and the Chinese Communist Party has lowered its conditions, it might as well sign it, and what exactly to do and whether to submit to the jurisdiction of the agreement will have to be decided in due course.
In this way, the significance of the whole agreement is only in favor of the CCP’s outward and inward propaganda. Outreach is to say to Europe and the United States, aren’t you trying to suppress me? You see, I’m playing with so many countries again, and you guys are excluded, so go fuck yourselves! Internally, it is to show the Chinese people that imperialism is trying to besiege us, but under the wise leadership of President Xi, we have broken through the blockade again and reached such a large-scale trade agreement that our good days are coming again, and we should trust the Party and the socialist system.
The Chinese Communist Party (CCP) has a long history of wanting to create its own sphere of influence outside the United States, and it would be best for the United Nations to dominate and completely isolate the United States, as the CCP calls for the world to realize a community of human destiny.
Some commentators believe that the agreement is very large in scale, excluding the United States, and that the CPC has found a way out again, but they only see the surface but not the substance. The reality is that the Chinese Communist Party has run out of ideas and has run out of good ideas, so it has reheated a bowl of cold rice to make it hot again.
Recent Comments