scholarly journals Motif dan Kepentingan China dalam Pembentukan Regional Comprehensive Economic Partnership (RCEP)

2022 ◽  
Vol 6 (1) ◽  
Author(s):  
Muhammad Ferdy Pratama ◽  
Palwa Ibnu Sosa ◽  
Tegar Yulianto
Keyword(s):  
Qualitative Method ◽  
Trade Agreement ◽  
The United States ◽  
Chinese Economy ◽  
Asian Countries ◽  
The World ◽  
China And Japan ◽  
Trade War ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership

The establishment of the Regional Comprehensive Economic Partnership (RCEP) began because of the conflict between China and Japan. The establishment of RCEP is to create the largest trade agreement in the world because this cooperation unites regional countries with large economies. China as a country that has the largest economic level among RCEP member countries makes China control most of the market in the region. This RCEP helps China in dealing with the trade war between China and the United States, although it has not yet had a big impact. This paper uses a qualitative method and focuses on China's motives in determining the RCEP. The results of this study confirm that China's motive in determining the RCEP is to counter-balance with the TPP and China's good image to Southeast Asian countries. In addition, RCEP has a significant impact on the Chinese economy. 

Comparing the Economic Impact of the Trans-Pacific Partnership and the Regional Comprehensive Economic Partnership

2013 ◽  
Vol 12 (2) ◽  
pp. 144-164 ◽  
Author(s):  
Inkyo Cheong ◽  
Jose Tongzon
Keyword(s):  
Economic Impact ◽  
Economic Integration ◽  
Computable General Equilibrium ◽  
Trade Agreement ◽  
The United States ◽  
Computable General Equilibrium Model ◽  
Asia Pacific ◽  
Economic Partnership ◽  
Asean Countries ◽  
Regional Comprehensive Economic Partnership

Several initiatives have emerged for regional economic integration in the Asia-Pacific region. The United States has led the negotiations for the Trans-Pacific Partnership agreement, and ASEAN countries have recently started to promote the Regional Comprehensive Economic Partnership. This paper estimates the net economic impact of these initiatives by eliminating the overlapping portions of free trade agreement–related economic gains through the use of a dynamic computable general equilibrium model. The paper analyzes the economic and political feasibility of these two initiatives and assesses their economic impacts. Finally, the paper provides implications for economic integration in East Asia based on a quantitative assessment.

Asia-centred trade pacts will proceed with weaknesses

2018 ◽  
Keyword(s):  
United States ◽  
Trade Agreements ◽  
The United States ◽  
Regional Trade Agreements ◽  
Asian Countries ◽  
Regional Trade ◽  
Content Type ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership ◽  
State Regional

Significance In contrast to this tariff escalation, eagerness to preserve the multilateral, rules-based economic order is drawing Asian countries into inter-regional trade agreements. Negotiations are ongoing to bring into effect a 16-state Regional Comprehensive Economic Partnership (RCEP) and an eleven-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Impacts Absent US involvement in the trade agreements, China will champion its own version of global free trade. Modifications within the CPTPP may reduce any incentive for the United States to rejoin. A US withdrawal from the WTO would weaken dispute systems used by smaller countries.

scholarly journals Keterkaitan Spasial di Enam Negara Asia: Analisis Input-Output Dunia

2019 ◽  
Vol 20 (1) ◽  
pp. 20-32
Author(s):  
M. Muchdie ◽  
M. Handry Imansyah ◽  
Socia Prihawantoro
Keyword(s):  
United States ◽  
Economic Growth ◽  
The United States ◽  
Input Output ◽  
Asian Countries ◽  
The World ◽  
Spatial Linkages ◽  
China And Japan

This paper presents spatial linkages on calculations of spill-over and feed-back effects of World input-output tables, which is aggregated specifically into six-Asian countries includes China, Indonesia, India, Japan, Korea, and Taiwan, plus Australia, United States, and the Rest of the World. The results showed that, firstly output multipliers in six Asian countries tend to increase during 2000–2014, indicating a consistent economic growth. Secondly, except China, output multipliers occurred in other countries tend to increase. Thirdly, in 2000, the United States and Japan were two countries receiving highest output spill-over. However, in year 2014, most of output spill-over moved to China. India and Indonesia received only small part of spill-over from other countries. Fourthly, the highest feed-back effect occurred in China and Japan. The smallest feed-back effect occurred in India and Indonesia. China had smallest spill-over effect but received the highest feed-back effect. ------------------------------------------- Artikel ini menyajikan hasil analisis keterkaitan spasial di enam negara Asia, berdasarkan perhitungan efek limpahan dan efek balik pada tabel input-output dunia, yang diagregasikan untuk enam negara Asia, yang meliputi Cina, Indonesia, India, Jepang, Korea, dan Taiwan ditambah Australia, Amerika Serikat, dan the Rest of the World. Hasil analisis memperlihatkan bahwa, pertama, pengganda output di enam negara Asia cenderung meningkat dalam waktu 2000–2014. Ini merupakan indikasi pertumbuhan ekonomi yang konsisten. Kedua, kecuali di Cina, efek limpahan juga cenderung meningkat. Ketiga, tahun 2000, negara yang paling besar menikmati limpahan adalah Amerika Serikat dan Jepang, tetapi tahun 2014, limpahan terbesar beralih ke Cina. Keempat, efek balik yang terbesar terjadi di Cina dan Jepang. Efek balik terkecil terjadi di India dan Indonesia. Cina mempunyai efek limpahan terkecil tetapi menerima efek balik terbesar. 

Asia in 2019

Asian Survey ◽  
2020 ◽  
Vol 60 (1) ◽  
pp. 1-7
Author(s):  
Uk Heo
Keyword(s):  
Hong Kong ◽  
Policy Implications ◽  
The North ◽  
China Trade ◽  
The Us ◽  
The World ◽  
Nuclear Issue ◽  
Trade War ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership

Among the major events that occurred in Asia in 2019 were four that received global attention: the Regional Comprehensive Economic Partnership (RCEP), the US-China trade war, the North Korean nuclear issue, and protests in Hong Kong. These events have significant policy implications for the world as well as for Asia.

scholarly journals How COVID-19 Pandemic Bolsters China’s Influence Toward Hegemonic Race In ASEAN?

2021 ◽  
Vol 4 (2) ◽  
pp. 178-203
Author(s):  
Andi Ibnu Masri Rusli
Keyword(s):  
United States ◽  
Southeast Asia ◽  
Critical Review ◽  
Theoretical Basis ◽  
Qualitative Method ◽  
The United States ◽  
The World ◽  
Trade War ◽  
Method Approach

The Covid-19 outbreak that occurred at the end of 2019 added to a long series of global crises at a time when the trade war was still ongoing. The epidemic then quickly spread throughout the world. Southeast Asia is no exception. The presence of this epidemic in Southeast Asia adds to the intensity of the struggle for hegemony between the United States and China. Vaccine diplomacy from China, the United States, and ASEAN itself presents its own dynamics for the competition for hegemony in this region from the two countries. This paper uses a qualitative method approach, where the author presents a critical review of the current dynamics. While the theoretical basis, the author uses the theory of hegemony through non-traditional security approach instruments centered on the vaccine diplomacy competition conducted by two superpower countries. The results show how the dynamics of the superiority of China's vaccine diplomacy are important points and provide broad projections of a new chapter in the struggle for hegemony in Southeast Asia.

scholarly journals THE IMPACT OF US POLICY ON ECONOMIC INTEGRATION IN THE ASIA PACIFIC ON THE THRESHOLD OF THE THIRD DECADE OF THE 21ST CENTURY

2020 ◽  
pp. 71-87
Author(s):  
K. O. Chudinova
Keyword(s):  
United States ◽  
Regional Integration ◽  
The United States ◽  
Chinese Economy ◽  
Asia Pacific ◽  
Production Networks ◽  
The Us ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership ◽  
The Impact

The Trump administration’s economic policy has led to increased uncertainty, disruption to global value chains, decline in trade in the Asia-Pacific region. Amid the US withdrawal from the Trans-Pacific Partnership, revising NAFTA, imposing tariffs, decoupling from the Chinese economy, Japan, China and other economies in the Asia Pacific are trying to develop new mechanisms to increase stability in the region and protect their production networks. One way to improve the situation is to conclude intra-regional and inter-regional free trade agreements, the number of which is increasing. At present, there are two competing mega-FTA projects of China and Japan – the Regional Comprehensive Economic Partnership and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The United States is with moderate success developing its own format of a free and open Indo-Pacific, which is partly a counterbalance to the RCEP. The US also concludes bilateral agreements, such as first phases of trade deals with Japan and China. However, winning the negotiating table, the United States can seriously lose in competitiveness, as regional integration develops further and often without the participation of America.

scholarly journals U.S.-China trade war and its impact on the world economy

2020 ◽  
pp. 19-36
Author(s):  
Byambakhand Luguusharav ◽  
Bolormaa Budjav
Keyword(s):  
United States ◽  
Global Economy ◽  
World Economy ◽  
Presidential Elections ◽  
Trade Agreement ◽  
The United States ◽  
China Trade ◽  
The Us ◽  
The World ◽  
Trade War

Republican candidate Donald J. Trump, who ran in the 2016 US presidential elections with a slogan “Make America Great Again” defined his foreign policy as “America First”. He set out to balance the long-running deficit of the United States, which led to the US-China trade war. The war not only affected the economies of Washington and Beijing but also it had a devastating effect on the world economy. The first part of the article discusses the concept of a trade war, while the second part analyzes the origins, causes, and course of the trade war between the United States and China, and the trade agreement between the two countries that have temporarily stopped the trade war. At the end of the article, the positive and negative implications of the US-China trade war on the economies of both countries and the global economy will be reviewed. АНУ-БНХАУ-ын худалдааны дайн, дэлхийн эдийн засагт үзүүлсэн нөлөө Хураангуй: АНУ-ын Ерөнхийлөгчийн 2016 оны сонгуульд “Америкийг дахин агуу болгоё” гэсэн мөрийн хөтөлбөртэй оролцсон Д.Трамп ялалт байгуулж, өөрийн гадаад бодлогыг “Америкийг эн тэргүүнд тавих” хэмээн тодорхойлсон юм. Улмаар тэрээр олон жилийн туршид асар их алдагдалтай явж ирсэн Америкийн гадаад худалдааны балансыг тэнцвэржүүлэх зорилт дэвшүүлсэн нь АНУ- БНХАУ-ын худалдааны дайн гарахад нөлөөлсөн. Энэ дайн нь Вашингтон, Бээжингийн эдийн засагт нөлөөлөөд зогсохгүй дэлхийн эдийн засгийг доргилтонд оруулаад байна. Толилуулан буй өгүүллийн эхний хэсэгт худалдааны дайны тухай ойлголтыг авч үзэх бол хоёрдугаар хэсэгт АНУ-БНХАУ-ын хооронд өрнөсөн худалдааны дайны үүсэл, шалтгаан, өрнөл, энэ дайныг түр зогсоогоод байгаа хоёр улсын худалдааны хэлэлцээрт дүн шинжилгээ хийнэ. Өгүүллийн төгсгөлд, АНУ-БНХАУ-ын худалдааны дайн нь хоёр улсын эдийн засагт төдийгүй дэлхийн эдийн засагт үзүүлсэн эерэг, сөрөг нөлөөлийн талаар дүн шинжилгээ хийсэн болно. Түлхүүр үгс: АНУ, БНХАУ, худалдааны дайн, дэлхийн эдийн засаг, тариф

RCEP will step into gap as Trump pulls out of TPP

2017 ◽  
Keyword(s):  
East Asia ◽  
Large Scale ◽  
Trade Agreement ◽  
The United States ◽  
New Members ◽  
Content Type ◽  
North East ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership

Subject The Regional Comprehensive Economic Partnership. Significance Shortly after Donald Trump was sworn in as US president on January 20, his administration announced withdrawal from the Trans-Pacific Partnership (TPP) trade agreement. This leaves the Regional Comprehensive Economic Partnership (RCEP), which unlike TPP includes China, as Asia's most ambitious planned regional trade agreement. The RCEP encompasses North-east Asia, South-east Asia, India, Australia and New Zealand. It has so far received less attention than the larger, more comprehensive TPP, but is now more likely to happen. Impacts The TPP's collapse leaves China as the leader of large-scale regional economic integration, with the RCEP as the main pillar. The RCEP will probably be more open to new members than the TPP would have been. The RCEP may enhance the regional and global role of China, potentially contributing to bilateral rivalry with the United States.

Washington is unlikely to join key Pacific trade pact

2020 ◽  
Keyword(s):  
United States ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
Asia Pacific ◽  
Rules Of Origin ◽  
Content Type ◽  
The United Kingdom ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership

Significance Beijing’s announcement came shortly after it and 14 other Asia-Pacific countries signed the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade agreement (FTA). Some US partners want Washington to join the CPTPP. Impacts As the largest economy in RCEP, China will have greater leverage in defining trade standards in the region. RCEP’s standardised rules of origin will enable its members to strengthen supply chains within the bloc. The United States remaining outside the CPTPP could diminish the pact’s appeal to the United Kingdom, which wants to become a member.

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