12 countries strike TPP trade accord
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TheTheoryOfMilitaryLogistics
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Maybe TPP is a good thing,
it gives vietnam a rare chance to show themselves on the world stage.
We China will wait some time and have a look.
If vietnam can survive,
then China will seek to join in.
Go,vietnam!
it gives vietnam a rare chance to show themselves on the world stage.
We China will wait some time and have a look.
If vietnam can survive,
then China will seek to join in.
Go,vietnam!
cnleio
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Vietnam need open local market to other 11x nations and import foreign goods with lower/free tariff ... now Vietnamese will tell u they can purchase 'Made in U.S' & 'Made in Japan' everyday with cheaper price ... but nobody care domestic makers' feeling.
Edison Chen
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其实就是在不得已把你拉进群的情况下，再拉其他小伙伴新建一个群，实际上还是要把你给踢出去。LOL！！！Just for entertainment.
Really, TPP sets higher conduct code for China on purpose....
It's harder if China wants to join in later on, we have to talk with each of them one by one.
Really, TPP sets higher conduct code for China on purpose....
It's harder if China wants to join in later on, we have to talk with each of them one by one.
cnleio
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Yes, it is ... another side, it's 'Made in Developed Nation' vs 'Made in Developing nation' ... commodity dumping & expand 'Made in U.S' export to other 11x nations.
That will look like Vietnam's Bphone vs U.S's Iphone ... how many Vietnamese to buy Iphone and how many American to buy Bphone ?
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After more than six years of negotiations, trade ministers from 12 Pacific Rim countries have come to an agreement over the controversial Trans-Pacific Partnership (TPP) trade deal.
The deal, representing 40 percent of the global economy, will slash trade barriers and ensure a common set of standards are met among member countries Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the US.
Government and big business officials have praised the deal, however there has also been widespread opposition to the TPP, with trade unions and human rights activists concerned over the impacts it will have on local businesses and workers' rights.
Here are some of the crucial things you need to know about the TPP.
1) It Is Very Much a 'Political' Trade Deal
While global leaders have preached about the trade and investment opportunities that come with the TPP, there is also a very strong political element underpinning it.
The TPP has been central to US President Barack Obama's plans to counter China's economic power in Asia and assert the US' own influence in the region.
China isn't included in the deal, while it's interesting to note that none of the other BRICS countries — Brazil, Russia, India, South Africa — are included in discussions for any of the major US-led trade deals currently being negotiated.
2) TPP Is an Open Agreement
The trade ministers of 12 countries have agreed upon the deal, however there is room for more to join in the future — possibly even China.
While the TPP was initially thought to be an American weapon to contain China in its own backyard, it is thought that many within the US business community would support Beijing's inclusion in the deal in the future, as it would grant multinationals access to China's huge market.
Along with China, there are a number of other interested parties watching on, with South Korea, Taiwan, the Philippines and even Columbia thought be among those keen on jumping into the deal in the future.
3) It's Only One Piece of the Puzzle
Despite covering 40 percent of the global economy, the TPP is merely one piece of the puzzle for US officials, who are negotiating a number of trade deals around the world.
On top of the TPP, the US are involved in discussions over the Transatlantic Trade and Investment partnership (TTIP) between Washington and EU member states, and the Trade in Services Agreement (TISA), also being negotiated between the US, EU and Pacific Rim countries.
Critics fear that if the TPP, TTIP and TISA are successfully negotiated, the agreements will link up and effectively wash away workers' rights and undermine government sovereignty across the majority of the world economy.
4) There Is a LOT of Opposition to It
Despite the assertions of government officials that the TPP will bring more harm than good, there has been huge public opposition towards the deal, which critics argue will hand multinational corporations unprecedented power over governments and leave workers powerless.
Just like the public protests against TTIP in Europe, there have been countless demonstrations and online petitions in TPP member countries like the US, Australia, New Zealand and Canada, calling for the deal to be scrapped.
Central to the criticism was the secrecy and lack of transparency during negotiations, leaving many citizens concerned as to what impacts the deal would actually have for them, while there are huge fears that labor and environmental standards will be reduced in many countries.
The opposition hasn't just been restricted to grassroots activists either, with Canada's New Democratic Party saying they would back out of any TPP deal signed by the Canadian government, if they get into power later this year.
5) There Is a Lot of Fine Print
The TPP might sound like a nice, neat, uniform trade deal between 12 countries with universal rules — however, in reality it isn't, with the agreement held together by a series of side deals and intricate arrangements to suit each individual country.
The deal is the first ever bilateral trade agreement between the US and Japan, and as a result the countries have negotiated separate deals on almost everything — from cars, to beef and rice.
There was also concern from New Zealand's dairy industry, with officials looking for greater access to the US market if they were to put pen to paper.
6) It Covers Just About Everything
Like many trade deals, the TPP is a far-reaching, broad agreement that encompasses just about all aspects of the member countries’ economies.
As mentioned, the deal will affect agricultural and produce industries like meat and rice production; the manufacturing of items such as cars, and will even extend to medicines. However, it is not yet known what services may be included or excluded from the deal.
7) It Opens a Pandora's Box
Rather than delivering answers about certain unclear aspects of the deal, the TPP is more than likely to raise more questions.
Confusions over the various side deals are sure to raise their heads, while major concerns exist over the ability for multinational corporations to sue governments as part of the Investor State Dispute Settlement (ISDS) provisions embedded in the deal.
There has been widespread criticism of such measures, which activists fear could allow big business to undermine the sovereignty of governments by suing them if they introduce legislation deemed to impede investment opportunities.
8) It's Not a Done Deal Yet
While the trade ministers of the 12 participating nations have agreed upon the deal, there are still a few hurdles to go through for it to become binding.
All 12 nations need to ratify the agreement, whether through their parliament or other means.
Along with the criticism in Canada, there has also been considerable opposition in the US Congress and in other nations, with activists vowing not to give up the fight on breaking down the deal.
Now that the finer details of the agreement will be released to the pubic, it will allow activists to mount a challenge and oppose any aspects of the TPP they believe to be unjust.
TPP: What You Need to Know About One of the World’s Biggest Trade Deals
The deal, representing 40 percent of the global economy, will slash trade barriers and ensure a common set of standards are met among member countries Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the US.
Government and big business officials have praised the deal, however there has also been widespread opposition to the TPP, with trade unions and human rights activists concerned over the impacts it will have on local businesses and workers' rights.
Here are some of the crucial things you need to know about the TPP.
1) It Is Very Much a 'Political' Trade Deal
While global leaders have preached about the trade and investment opportunities that come with the TPP, there is also a very strong political element underpinning it.
The TPP has been central to US President Barack Obama's plans to counter China's economic power in Asia and assert the US' own influence in the region.
China isn't included in the deal, while it's interesting to note that none of the other BRICS countries — Brazil, Russia, India, South Africa — are included in discussions for any of the major US-led trade deals currently being negotiated.
2) TPP Is an Open Agreement
The trade ministers of 12 countries have agreed upon the deal, however there is room for more to join in the future — possibly even China.
While the TPP was initially thought to be an American weapon to contain China in its own backyard, it is thought that many within the US business community would support Beijing's inclusion in the deal in the future, as it would grant multinationals access to China's huge market.
Along with China, there are a number of other interested parties watching on, with South Korea, Taiwan, the Philippines and even Columbia thought be among those keen on jumping into the deal in the future.
3) It's Only One Piece of the Puzzle
Despite covering 40 percent of the global economy, the TPP is merely one piece of the puzzle for US officials, who are negotiating a number of trade deals around the world.
On top of the TPP, the US are involved in discussions over the Transatlantic Trade and Investment partnership (TTIP) between Washington and EU member states, and the Trade in Services Agreement (TISA), also being negotiated between the US, EU and Pacific Rim countries.
Critics fear that if the TPP, TTIP and TISA are successfully negotiated, the agreements will link up and effectively wash away workers' rights and undermine government sovereignty across the majority of the world economy.
4) There Is a LOT of Opposition to It
Despite the assertions of government officials that the TPP will bring more harm than good, there has been huge public opposition towards the deal, which critics argue will hand multinational corporations unprecedented power over governments and leave workers powerless.
Central to the criticism was the secrecy and lack of transparency during negotiations, leaving many citizens concerned as to what impacts the deal would actually have for them, while there are huge fears that labor and environmental standards will be reduced in many countries.
The opposition hasn't just been restricted to grassroots activists either, with Canada's New Democratic Party saying they would back out of any TPP deal signed by the Canadian government, if they get into power later this year.
5) There Is a Lot of Fine Print
The TPP might sound like a nice, neat, uniform trade deal between 12 countries with universal rules — however, in reality it isn't, with the agreement held together by a series of side deals and intricate arrangements to suit each individual country.
The deal is the first ever bilateral trade agreement between the US and Japan, and as a result the countries have negotiated separate deals on almost everything — from cars, to beef and rice.
There was also concern from New Zealand's dairy industry, with officials looking for greater access to the US market if they were to put pen to paper.
6) It Covers Just About Everything
Like many trade deals, the TPP is a far-reaching, broad agreement that encompasses just about all aspects of the member countries’ economies.
As mentioned, the deal will affect agricultural and produce industries like meat and rice production; the manufacturing of items such as cars, and will even extend to medicines. However, it is not yet known what services may be included or excluded from the deal.
7) It Opens a Pandora's Box
Rather than delivering answers about certain unclear aspects of the deal, the TPP is more than likely to raise more questions.
Confusions over the various side deals are sure to raise their heads, while major concerns exist over the ability for multinational corporations to sue governments as part of the Investor State Dispute Settlement (ISDS) provisions embedded in the deal.
There has been widespread criticism of such measures, which activists fear could allow big business to undermine the sovereignty of governments by suing them if they introduce legislation deemed to impede investment opportunities.
8) It's Not a Done Deal Yet
While the trade ministers of the 12 participating nations have agreed upon the deal, there are still a few hurdles to go through for it to become binding.
All 12 nations need to ratify the agreement, whether through their parliament or other means.
Along with the criticism in Canada, there has also been considerable opposition in the US Congress and in other nations, with activists vowing not to give up the fight on breaking down the deal.
Now that the finer details of the agreement will be released to the pubic, it will allow activists to mount a challenge and oppose any aspects of the TPP they believe to be unjust.
TPP: What You Need to Know About One of the World’s Biggest Trade Deals
Edison Chen
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这个TPP也很明显是针对中国的。
COMPETITION POLICY AND STATE-OWNED ENTERPRISES
U.S. goals on competition policy and SOEs are grounded in long-standing principles of fair competition, consumer protection, and transparency. The United States is seeking rules to prohibit anticompetitive business conduct, as well as fraudulent and deceptive commercial activities that harm consumers. We are also pursuing pioneering rules to ensure that private sector businesses and workers are able to compete on fair terms with SOEs, especially when such SOEs receive significant government backing to engage in commercial activity.
Specifically, in the TPP we are seeking:
As the world’s most innovative economy, strong and effective protection and enforcement of IP rights is critical to U.S. economic growth and American jobs. Nearly 40 million American jobs are directly or indirectly attributable to “IP-intensive” industries. These jobs pay higher wages to their workers, and these industries drive approximately 60 percent of U.S. merchandise exports and a large share of services exports. In TPP, we are working to advance strong, state-of-the-art, and balanced rules that will protect and promote U.S. exports of IP-intensive products and services throughout the Asia-Pacific region for the benefit of producers and consumers of those goods and services in all TPP countries. The provisions that the United States is seeking – guided by the careful balance achieved in existing U.S. law – will promote an open, innovative, and technologically-advanced Asia-Pacific region, accelerating invention and creation of new products and industries across TPP countries, while at the same time ensuring outcomes that enable all TPP countries to draw on the full benefits of scientific, technological, and medical innovation, and take part in development and enjoyment of new media, and the arts.
Specifically, in the TPP we are seeking:
Through TPP, we are seeking to make trade across the TPP region more seamless, including by improving the coherence of TPP regulatory systems, enhancing transparency in policy-making processes, and combatting corruption. These “good government” reforms also play an important role in ensuring fairness for American firms and workers
Specifically, in the TPP we are seeking:
是啊，这就是不平等条约，规则永远是强国制定的，真正有利于谁一目了然。不过我是这样理解的，对于越南来说，没有更好的选择了，美国吃肉，能跟着喝点汤已经不错了，不然只能喝西北风了。越南目前顶多还处在工业化初级阶段，经济却已经萎了，现在只能抱TPP的大腿了。
越南确定2015年经济增长目标为6.2%中华人民共和国商务部网站
越南《投资报》12月29日消息，29日，越南政府与各地方召开电视电话会议，会议主题为讨论实施2015年各项宏观经济调控政策。
2014年月越南GDP增长5.98%，通胀1.84%，超额完成既定目标。在2014年较好的经济发展形势下，越南2015年GDP增长目标确定为6.2%，通胀率为5%。(Vietnam 2015 GDP growth targets at 6.2%, with a 5.0% inflation rate)2014年出口超过1500亿美元，同比增长13.6%，顺差20亿美元；社会总投资122.7万亿盾（约合54.63亿美元），同比增长11.5%，占GDP比例为30.7%；未偿还信贷债务增加13%；扣除价格因素商品零售总额和营业收入增长6.25%，明显高于去年，这意味着经济总需求有明显改善。上述宏观经济指数，尤其是较低的通胀率为越南宏观经济继续稳定增长、商品和公共服务的市场体制改革、减少企业费用、促进生产经营、行业结构调整创造了条件。
2015年越南经济复苏的后盾仍是越韩自贸协定、与俄罗斯、白俄罗斯和哈萨克斯坦的三国关税同盟协定、与EU自贸协定、东盟经济共同体的形成，以及可能谈判成功的TPP协定的签订。很多投资与贸易的机会已经证明上述协定的促进作用。
尽管如此，前路仍充满巨大困难与挑战。世界经济形势变化的不确定性，如新兴经济体中国、俄罗斯，甚至日本都正处于经济增长下滑态势；世界局部地区政治形势紧张，如俄罗斯与乌克兰、俄罗斯与美国和欧盟；世界原油价格下滑，都对世界经济复苏产生消极影响，也对越南经济产生直接影响。
2015年经济增长6.2%和通胀5%的目标尽管具有可行性，但也需付出巨大努力。(撰稿人：蒋春瑜)
COMPETITION POLICY AND STATE-OWNED ENTERPRISES
U.S. goals on competition policy and SOEs are grounded in long-standing principles of fair competition, consumer protection, and transparency. The United States is seeking rules to prohibit anticompetitive business conduct, as well as fraudulent and deceptive commercial activities that harm consumers. We are also pursuing pioneering rules to ensure that private sector businesses and workers are able to compete on fair terms with SOEs, especially when such SOEs receive significant government backing to engage in commercial activity.
Specifically, in the TPP we are seeking:
- Basic rules for procedural fairness on competition law enforcement;
- Commitments ensuring SOEs act in accordance with commercial considerations and compete fairly, without undue advantages from the governments that own them, while allowing governments to provide support to SOEs that provide public services domestically; and
- Rules that will provide transparency with respect to the nature of government control over and support for SOEs.
As the world’s most innovative economy, strong and effective protection and enforcement of IP rights is critical to U.S. economic growth and American jobs. Nearly 40 million American jobs are directly or indirectly attributable to “IP-intensive” industries. These jobs pay higher wages to their workers, and these industries drive approximately 60 percent of U.S. merchandise exports and a large share of services exports. In TPP, we are working to advance strong, state-of-the-art, and balanced rules that will protect and promote U.S. exports of IP-intensive products and services throughout the Asia-Pacific region for the benefit of producers and consumers of those goods and services in all TPP countries. The provisions that the United States is seeking – guided by the careful balance achieved in existing U.S. law – will promote an open, innovative, and technologically-advanced Asia-Pacific region, accelerating invention and creation of new products and industries across TPP countries, while at the same time ensuring outcomes that enable all TPP countries to draw on the full benefits of scientific, technological, and medical innovation, and take part in development and enjoyment of new media, and the arts.
Specifically, in the TPP we are seeking:
- Strong protections for patents, trademarks, copyrights, and trade secrets, including safeguards against cyber theft of trade secrets;
- Commitments that obligate countries to seek to achieve balance in their copyright systems by means of, among other approaches, limitations or exceptions that allow for the use of copyrighted works for purposes such as criticism, comment, news reporting, teaching, scholarship, and research;
- Pharmaceutical IP provisions that promote innovation and the development of new, lifesaving medicines, create opportunities for robust generic drug competition, and ensure affordable access to medicines, taking into account levels of development among the TPP countries and their existing laws and international commitments;
- New rules that promote transparency and due process with respect to trademarks and geographical indications;
- Strong and fair enforcement rules to protect against trademark counterfeiting and copyright piracy, including rules allowing increased penalties in cases where counterfeit or pirated goods threaten consumer health or safety; and
- Internet service provider “safe harbor” provisions, as well as strong and balanced provisions regarding technological protection measures to foster new business models and legitimate commerce in the digital environment.
Through TPP, we are seeking to make trade across the TPP region more seamless, including by improving the coherence of TPP regulatory systems, enhancing transparency in policy-making processes, and combatting corruption. These “good government” reforms also play an important role in ensuring fairness for American firms and workers
Specifically, in the TPP we are seeking:
- Commitments to promote greater transparency, participation, and accountability in the development of regulations and other government decisions, including by promptly publishing laws, regulations, administrative rulings of general application, and other procedures that affect trade and investment, and providing opportunities for stakeholder comment on measures before they are adopted and finalized;
- For the first time in a U.S. trade agreement, a chapter on regulatory coherence, including commitments on good regulatory practices; and
- Commitments discouraging corruption and establishing codes of conduct to promote high ethical standards among public officials.
是啊，这就是不平等条约，规则永远是强国制定的，真正有利于谁一目了然。不过我是这样理解的，对于越南来说，没有更好的选择了，美国吃肉，能跟着喝点汤已经不错了，不然只能喝西北风了。越南目前顶多还处在工业化初级阶段，经济却已经萎了，现在只能抱TPP的大腿了。
越南确定2015年经济增长目标为6.2%中华人民共和国商务部网站
越南《投资报》12月29日消息，29日，越南政府与各地方召开电视电话会议，会议主题为讨论实施2015年各项宏观经济调控政策。
2014年月越南GDP增长5.98%，通胀1.84%，超额完成既定目标。在2014年较好的经济发展形势下，越南2015年GDP增长目标确定为6.2%，通胀率为5%。(Vietnam 2015 GDP growth targets at 6.2%, with a 5.0% inflation rate)2014年出口超过1500亿美元，同比增长13.6%，顺差20亿美元；社会总投资122.7万亿盾（约合54.63亿美元），同比增长11.5%，占GDP比例为30.7%；未偿还信贷债务增加13%；扣除价格因素商品零售总额和营业收入增长6.25%，明显高于去年，这意味着经济总需求有明显改善。上述宏观经济指数，尤其是较低的通胀率为越南宏观经济继续稳定增长、商品和公共服务的市场体制改革、减少企业费用、促进生产经营、行业结构调整创造了条件。
2015年越南经济复苏的后盾仍是越韩自贸协定、与俄罗斯、白俄罗斯和哈萨克斯坦的三国关税同盟协定、与EU自贸协定、东盟经济共同体的形成，以及可能谈判成功的TPP协定的签订。很多投资与贸易的机会已经证明上述协定的促进作用。
尽管如此，前路仍充满巨大困难与挑战。世界经济形势变化的不确定性，如新兴经济体中国、俄罗斯，甚至日本都正处于经济增长下滑态势；世界局部地区政治形势紧张，如俄罗斯与乌克兰、俄罗斯与美国和欧盟；世界原油价格下滑，都对世界经济复苏产生消极影响，也对越南经济产生直接影响。
2015年经济增长6.2%和通胀5%的目标尽管具有可行性，但也需付出巨大努力。(撰稿人：蒋春瑜)
Viet
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you don´t get it. everyone has a different motive why they join the pact. as for Vietnam, we try to make less dependent on China. and not to become a target. it is not about economy. China tries swallowing Vietnam since milleniums. TPP is the poison that Vietnam takes to make itself less attractive for China. Ever asked why we have abandoned Chinese scripts and adopted Latin characters?
Actually the standards TPP sets are too high for Vietnam to climb. it is impossible to fullfill the obligations. for example: workers are free to set up labor unions and other liberal stuffs. in a communist country. ha ha ha.
PS: I hope a certain member does not jump in and shout me for using the word: we.
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cnleio
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Never mind, today China isn't the 2001 China ... we'r world N.o2 economy & 1st biggest market with 1.35billion ppl, and Chinese PPP surpass U.S ... that means if 'Made in U.S' or 'Made in Japan' etc wanna selling in world 1st biggest market / in China, they'd better obeying Chinese rules ... Does Vietnam or other nations can replace huge China market for U.S export or Japan export ? Absolutely No !
'Made in U.S' never miss the China market, that's Chinese card in our hand ... to deal with this TPP issue.
cnleio
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2nd card in Chinese hand is RMB devalue.
3rd card in Chinese hand is RMB internationalization .
4th card in Chinese hand is sell U.S bonds.
5th card in Chinese hand to limite produce materials export to other foreign nation from China.
6th card in Chinese hand to boost 'Silk Road'
trade building from China to Middle Asia/South Asia/Europe/Africa, and RMB trade exchange.
... to deal with challenge from the TPP.
3rd card in Chinese hand is RMB internationalization .
4th card in Chinese hand is sell U.S bonds.
5th card in Chinese hand to limite produce materials export to other foreign nation from China.
6th card in Chinese hand to boost 'Silk Road'
trade building from China to Middle Asia/South Asia/Europe/Africa, and RMB trade exchange.
... to deal with challenge from the TPP.
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JaiMin
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where did I insult VN ? are you kidding me ?
He is getting over excited, better don't disturb him.
really ? this is your explanation ?
it means vietman higher level political figures will get benefits only
these companies will come to your country and can do any illegal thing for business profit and they will be above law.
you might have to buy contaminated foods with high price, ever think of that ?
About the support for TPP in Vietnam, it is a little bit complicated. The TPPs, as you know, it requirements is to reform State Owned Enterprises (SOEs) in Vietnam, which suck up the lion’s share of government contracts, state-provided land use rights and bank loans due to their political connections, most often leaving private sector firms outside of closed-door deals. Also, it projects information often are not make public, so it is easily lead to corruption and lack of transparency
SOEs in Vietnam, according to study and survey done by govt and NGOs, are much less productive than private companies, (pretty much same like the rest of the worlds), and SOEs in many industries stay monopoly and too much reliant and favored from government which lead to inefficiency , so more competition with foreign firms are goods, SOEs will fail if they can’t boost productivity to stay competitive with international firms . By one measure, the incremental capital output ratio, or ICOR, SOEs require three times as much input to produce a unit of output as does the domestic private sector. Yet the big banks don’t loan to these more efficient, private sector firms. Instead, politics drives them to pour resources into the SOEs.
This use of capital keeps productivity low – and salaries along with it – while stoking inflation through the oversupply of money without simultaneous improvements in the economy’s efficiency. Average workers suffer on both ends. As long as their only competitive advantage is their cheapness, they can’t ask for raises. And with all the capital sloshing around the inefficient economy, inflation eats into their already low wages. So TPPs, as many officers in our country believe the entrance of foreign products and services, under FDI (foreign direct investment) or other ways, will help Vietnam, because at the least it will train Vietnamese employees in sophisticated skills and management skills and transfer of technologies to improve their productivity. Government also got FTAs with European Unions(EUs) and Eurasian unions(EEUs) in hope both take effect in the end of this year and boost FDIs. Plus S.Korea also
Vietnam follow export oriented economy, so this will lead to migrations in hundred thousand from rural to urban and industrial areas to seek for income improvement and better future (same case like China about 10 to 20 years ago i think). And life is getting more and more expensive in the industrialized areas and often the salaries of those workers are not in matches with the cost of living or inflation in other words. In a long run, this can increase the gap between rich and poor- not a good thing. So, the big problem in Vietnam is not unemployment, but inflation. VN need a leap in her education and training.
So, naturally, private businesses in Vietnam hope for a fairer shake in a TPP world. But surprisingly, many officials are also excited about this aspect of the treaty. The common refrain is that everybody in Vietnam knows that the SOEs hold the economy back, but the political will to cut them loose, and with them all the political benefits the ruling party can gain – the cushy positions for supporters and former officials and their families – is hard to muster. The TPP can be just the push that’s needed to inject this willpower into the reform process.
In fact, the governing party has staked its legitimacy on consistently improving living conditions. Nobody looks at the slowing economy and the erosion of salaries by inflation with greater trepidation than the political elite in Ha Noi. That is why the TPP is the governing party’s top economic priority, and also why the SOEs, with all their influence, won’t be able to hold back this agreement.
About the SOEs in Vietnam, i think you can ask @Yorozuya about it, he is quite well-known about SOEs i think. Or ask @Carlosa about how he think of those SOEs
IMO, except some of them quite efficient and well manage, the rests are suck, govt current action to reform is good
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FairAndUnbiased
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I went to watch a home football game at my school. in American football there is a play called the hail mary when a desperate team tosses the ball almost randomly as far as possible towards the touchdown zone. TPP is Vietnam hail mary.
ChineseTiger1986
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It is always funny to see those typical reactions from the Viet members.
This is the typical geopolitical game between the great powers, and China is playing like a great power, not to jump up and down like a petulant child.
Russia got their ruble devaluated and oil price sunk, but do you ever see Russia got upset?
This is the endurance of a great power, same for China, and those TPP things are just nothing and not worth of mentioning by us.
This is the typical geopolitical game between the great powers, and China is playing like a great power, not to jump up and down like a petulant child.
Russia got their ruble devaluated and oil price sunk, but do you ever see Russia got upset?
This is the endurance of a great power, same for China, and those TPP things are just nothing and not worth of mentioning by us.
Beidou2020
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China can never be replaced as a trade partner for Asian countries by the US. All the countries in the TPP want access to the massive Chinese market and the Asian countries in the TPP will always have the geographic advantage when selling or buying from China. Connectivity will only increase trade with China for Asian countries.
Huan
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@Nihonjin1051 @F-22Raptor @anon45 How many years are remaining until the TPP is fully implemented? What will China's total nominal GDP be at by that time?
