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12 countries strike TPP trade accord

In the future when China make any annoucement joining tpp, you will see these Chinese clowns change 360 degree, they start singing and praising how China join will leverage tpp members, how tpp needs china ....etc. clowns are always clowns of their life time born as clowns.
 
In the future when China make any annoucement joining tpp, you will see these Chinese clowns change 360 degree, they start singing and praising how China join will leverage tpp members, how tpp needs china ....etc. clowns are always clowns of their life time born as clowns.

Considering how the WTO encouraged key and imperative economic reforms in China, and how said reforms were catalyst for catapulting China's impressive quali-quantitative economic growth since 2000 --- we can only observe objectively its effects. The WTO's recommendative body also was the very source the encouraged the CPC-- in successive plennum meetings as well as in successive 5 year reviews --- on implementing environmental protective policies , key corporate law reforms, key anti-graft and corruption reforms, as well as key anti-nepotism reforms that have led and highlighted the administrations of both Hu Jintao and now Xi Jinping. In fact China's eventual ascension into TPP is but part of the paradigm of China's economic solvency and market integration into the free trade body. It should be noted that China 's Beijing Government have tried plenty of times to implement similar reforms as mentioned and implicated in the TPP dialogue committee, but have largley been unsuccessful due to some hesitant forces within China's economic strata. I do believe that inclusion into the TPP will leverage the CPC in successfully making the necessary policies that will encourage complete implementation of China's domestic market.

Mark my words, China's inclusion into the TPP is an inevitability. If WTO serves as a case analysis and diagnostic measure.



Regards,
@Nihonjin1051

In the future when China make any annoucement joining tpp, you will see these Chinese clowns change 360 degree, they start singing and praising how China join will leverage tpp members, how tpp needs china ....etc. clowns are always clowns of their life time born as clowns.

Naturally, as the times dictates the national polity emotionality. There is a time for everything. :-)
 
Can I know why they hide the negotiations?
What was inside the negotiations need to hide from public?
Pakistan is not part of it.
But I don't want Pakistan to be part of this kind of agreement in future also which needed secrecy to negotiate.
It means there is some kind of shady things going on which public will not like.
Why ?? bcs its a process of natural history of the social movement. Simple to understand ??

If not, pls read : "das kapital" of Karl Marx
 
US treat VN in different way, you cant learn anything from us in TPP. If we unhappy with the deal, we will burn up their factories, beat up those foreign 'investors' as we did in the last riots, but US wont sue VN bcs they need VN to contain CN.

If CN do the same, then US will show No mercy to your people :).
LOL,you words nearly make me think that US is Vietnam's father.
:omghaha:Ok,you are right,Vietnam is US's sweet heart,we China can't get the same treatment.
 
We need to see clear the TPP. Members: 6 developed nations, USA, Japan, Canada, Australia, Singapore and NZ; 6 developing nations, Vietnam, Malaysia, Brunie, Mexico, Peru and Chile, whose size are not huge, except Mexico, Vietnam.

As to my opinion1if USA and Japan(these the mainly two big developed ones) want to pour their products to developing nations, the 6 nations obvisou are not big enough market. So the agreement is not about trade.
2. Manufacturing bases, Brunie, Peru and Chile mainly export resources, they don't have population to receive vast manufacturing job, in this case, Vietnam and Mexico will benefits from the industrial transfer. But again, USA and Japan have transferred low-profits indtury aboard for decades, how many they can transfer? This part will impact Chinese economy mostly. Someone analysis China will transfer some manufacturing industry to Vietnam or Mexico, to meet the TTP, shoes, textile, tools, steel fabrication etc. This impacts depend on if China can succeed in upgrading industry or not. If success, China also want those industry out, if failed, unemployment ratio will rise.
3. Among these 12 nations, China has free-trade agreement with Australia, Singapore, Asean, Newzealand, Peru and Chile. So the bilateral trading won't be influenced and China is their main importer of iron, milk, service and mines. The industry mainly refers to resources.
4. China can cooperate more with Brics, invest more in South America and Africa to maitain or keep industrial train. And Rcep is under negotiation, western belt and road is under construction.
5. These large-scale agreement TPP, RCEP, Belt and Road, China-Japan-Korea FTAwill impact Asia, along with nearby continent for decades, short time it won't has quick feedbacks.
We (VNese) have analyzed the impact from TPP to CN many times already. Mainland CN simply has ZERO (0) % to survive when TPP come out, thats why as we predict in January/2015 that RMB will fall to half in about 6 years (RMB fell abt 4-5 % last month) and Cn will collapse in about 10 years.

The only chance for CN to survive is to support VN to break the US's contaiment like chairman Mao support VN before 1975 :)
 
China must have confidence to one thing:
this world need China,and certainly China need this world.
At that time,they can't refuse China and China will beat them even in their rules.

I like your pragmatic view point. I see you are open to that inevitability. The language does not matter, so long as acceptance of assimilation is observed in a domestic succinct manner.
 
Pros of TPP


The TPP boosts exports and economic growth, creating more jobs and prosperity for the 12 countries involved. It increases exports by $305 billion per year by 2025. U.S. exports would increase by $123.5 billion, focusing on machinery, especially electrical, autos, plastics and agriculture industries.

It does this by removing 18,000 tariffs placed on U.S. exports by the other countries. The United States has already removed 80% of these tariffs on their goods and services. The TPP evens the playing field.

The agreement adds $223 billion a year to incomes of workers in all the countries, with $77 billion of that going to U.S. workers. (Source: US Trade Representative, TPP Fact Sheet)

All countries agreed to cut down on wildlife trafficking, especially elephants, rhinoceroses, and marine species. It prevents environmental abuses, such as unsustainable logging and fishing. Those that don't will face trade penalties.



What else can we add to this list, @Yorozuya @AMDR @Technogaianist @TechnoFox @LeveragedBuyout @Hamartia Antidote @gambit @jhungary @James Jaevid @WebMaster @Manticore @Oscar @CENTCOM @yoshi.oda @Viet @BoQ77 @Oldman1 et al.


I would appreciate your professional and academic contribution(s).

Thanks.

First of all, I did not receive the tag..............something is wrong with the tagging system.

The Pros and Cons are different between country to country.

For US/Japan/Australia:

Pros -

No Tariff means Out Sourcing make easier, instead of US product majority made in China, you will see more and more product made in TPP signature treaty nation.

Knowledge and know how are free or cheaper to trade to the US, making US more cutting edge on Technology front.

Resource Pooling, by removing Trade restriction, it means resource (such as Iron, Copper and Steel) will be supplied to US in a cheaper price.

Data restriction is removed from TTP nation, meaning IT boost by no more off-site data storage.

Cons -

Production move out of US, create a Workforce vacuum.

Putting stress on US work force

Capital Flow outward by investing more in TPP nation.

For Other TTP nation

Pros -

Increase Technology level by sharing tech with US/Aus/Jpn.

Increase capital flow by investment injection by US/AUS/JPN

increase workforce skill

Improvement of Infrastructure by investment

Expose their own product to large consumption base market in US/JPN/AUS

Influx of High Technology Product

Cons -

Work Force migration (From other sector to service the need of TPP deal)

Open market means local market will enjoy a bigger competition

Lose their own protection policy (Data Security, State Own Business)

The main con for TPP nation is the workforce and their own market, but in return, their country will be developed by developed nation by injecting funding to fund their manufacturer base economy, problem is that some "not-so-competitive" state run business will have to go in the process.

Yes, if you want to look at TPP is to service the need of US/JPN/AUS then yes, but then there are no free lunch in the world, you want money to develop your country? Then you need to scarify some national entity, and if this is not TPP, and it would be some country else. What make you think if those TPP nation sign a Trade pact with China will not be "Advantage, China?"

P.S. It's 2 am now and I am quite drunk, so forgive if I seems incoherent
 
We (VNese) have analyzed the impact from TPP to CN many times already. Mainland CN simply has ZERO (0) % to survive when TPP come out, thats why as we predict in January/2015 that RMB will fall to half in about 6 years and Cn will collapse in about 10 years.

The only chance for Cn to survive is to support VN to break the US's contaiment like chairman Mao support VN before 1975 :)

Don't you understand the trend, dear? In the future, the alliance and eventual integration of US and China is inevitable. This paradigm is understood by political scientists here in the United States, in Japan, and even in China. China-USA will be the power brokers of the world in 21st and 22nd century.

The TPP, alone, is not complete. It require's China's ascension into it.

This has always been the goal.

Whatever, I dont see any smart enough Chinese here who can predict correctly what will happen even for China only :)

China will not collapse, in fact, China's collapse would be DETRIMENTAL to Japan and the United States. Therefore China MUST NOT be allowed to collapse. Please understand that. China is the goal. China is the most important member that must join the TPP in coming years.

Please understand that.
 
He is getting over excited, better don't disturb him.



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:D:D:D:partay::partay::partay:

Well, since you mentioned me..............

SOE's in Vietnam, except a rare few well managed ones, the prime example of which is Viettel (telecom company owned by the military), they are blood sucking creatures of the worst kind, totally useless, the are the perfect environment for massive corruption (Vinashin), they suck up most of the available credit as mentioned by Jaimin, they are inefficient, the ones that provide services to the public give bad service and they are they are very adept at ripping off consumers (the oil company being the best at it, international oil price goes up, oil price in Vietnam goes up within hours. international oil price goes down. oil price in Vietnam stays the same or goes down just a little bit.

Or the power company, they invested their bank loans into real estate (same as many other SOE's and that created an economic slowdown in Vietnam from which the country is just now coming out from it) and since they lost their shirt in those real state investments, those loses get paid by increasing the electric rates because "the company is losing money" as the government says.

SOE's are nothing less than a cancer for Vietnam. The sooner the cancer is eliminated, the sooner the country's economy will be healthier. If the one thing that TTP can do for Vietnam is to give the final push to kill the SOE's cancer, that's already good enough, anything else that Vietnam gets from TTP its just icing in the cake, the deal was already justified.

Also, the SOE's are a reflection, an instrument and a result of the old guard of the VCP (meaning the conservative, stalinist, repression prone, pro chinese wing of the VCP), so by going down it helps to bring down that wing of the VCP. Whatever negative side effects TTP can have for Vietnam (if any) they are a minor nuisance when compared to the benefits. SOE's are not the only one negative element that TTP can help to bring down, labor unions, etc will also benefit from the legal push of the TTP to reform.
 
Don't you understand the trend, dear? In the future, the alliance and eventual integration of US and China is inevitable. This paradigm is understood by political scientists here in the United States, in Japan, and even in China. China-USA will be the power brokers of the world in 21st and 22nd century.

The TPP, alone, is not complete. It require's China's ascension into it.

This has always been the goal.
Most of American are lazy but want high salary while CNese work much harder and require much lower salary. US only have better techs than CN.

So, in any co-operation or integration, CN always be the Winner and US is the loser. Thats why US must push TPP to come out faster
China will not collapse, in fact, China's collapse would be DETRIMENTAL to Japan and the United States. Therefore China MUST NOT be allowed to collapse. Please understand that. China is the goal. China is the most important member that must join the TPP in coming years.

Please understand that.
If China does not collapse, then US will collapse. You need to learn more about what Karl Marx said abt the social movement :)
 
Well, since you mentioned me..............

SOE's in Vietnam, except a rare few well managed ones, the prime example of which is Viettel (telecom company owned by the military), they are blood sucking creatures of the worst kind, totally useless, the are the perfect environment for massive corruption (Vinashin), they suck up most of the available credit as mentioned by Jaimin, they are inefficient, the ones that provide services to the public give bad service and they are they are very adept at ripping off consumers (the oil company being the best at it, international oil price goes up, oil price in Vietnam goes up within hours. international oil price goes down. oil price in Vietnam stays the same or goes down just a little bit.

Or the power company, they invested their bank loans into real estate (same as many other SOE's and that created an economic slowdown in Vietnam from which the country is just now coming out from it) and since they lost their shirt in those real state investments, those loses get paid by increasing the electric rates because "the company is losing money" as the government says.

SOE's are nothing less than a cancer for Vietnam. The sooner the cancer is eliminated, the sooner the country's economy will be healthier. If the one thing that TTP can do for Vietnam is to give the final push to kill the SOE's cancer, that's already good enough, anything else that Vietnam gets from TTP its just icing in the cake, the deal was already justified.

Also, the SOE's are a reflection, an instrument and a result of the old guard of the VCP (meaning the conservative, stalinist, repression prone, pro chinese wing of the VCP), so by going down it helps to bring down that wing of the VCP. Whatever negative side effects TTP can have for Vietnam (if any) they are a minor nuisance when compared to the benefits. SOE's are not the only one negative element that TTP can help to bring down, labor unions, etc will also benefit from the legal push of the TTP to reform.


Thank You for showing your subjective experience and view on SOE in the Vietnamese context. I see that TPP will help Vietnam's economy in regards to necessary policy changes.
 
I like your pragmatic view point. I see you are open to that inevitability. The language does not matter, so long as acceptance of assimilation is observed in a domestic succinct manner.
LOL,the biggest difference between you and us is that we will never surrender to capital monster.
Even all the richest consortiums get together,they can't force our government to involve in a war.
You say that integration of US and China is a trend?
That may be, we will see soon.
 
Most of American are lazy but want high salary while CNese work much harder and require much lower salary. US only have better techs than CN.

So, if any co-operation or integration, CN always be the Winner and US is the loser. Thats why US must push TPP to come out faster

:-)

sou desu ka! Betunamo-jin tomodachi. :)
 
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