BEIJING (June 2): The Regional Comprehensive Economic Partnership (RCEP) agreement took effect on Friday (June 2) for the Philippines, confirming that the RCEP agreement is now in effect for all 15 members, reported Xinhua.
The full RCEP implementation reflects the determination and actions of its 15 members — 10 members of the Association of Southeast Asian Nations, China, Japan, the Republic of Korea, Australia, and New Zealand — in supporting an open, free, fair, inclusive, and rules-based multilateral trading system, China's commerce ministry commented.
The RCEP agreement was signed in November 2020 by the 15 Asia-Pacific countries after eight years of negotiations. It entered into force on the first day of 2022, creating the world's largest trade bloc.
The full implementation will inject strong momentum into regional economic integration, comprehensively enhance the level of trade and investment liberalisation and facilitation in East Asia, and contribute to the long-term stable development of the regional and global economy, said the commerce ministry.
In 2022, trade between China and other RCEP members increased 7.5% year on year to 12.95 trillion yuan (about RM8.4 trillion), while their investment in China, in actual use, went up 23.1% to US$23.53 billion, data showed.
China will continue to ensure solid RCEP implementation to give full play to its role in facilitating supply chain and industrial chain cooperation, as well as promoting high-standard opening up and high-quality development, the ministry said.
China will also work with other parties to fulfil its obligations, strengthen the RCEP mechanism, enhance the overall implementation of the agreement, and provide a strong guarantee for the steady development of RCEP cooperation, it said
You what jaycee. People attitude and behaviour very much connecting with how well are they doing in life including making profit in trading. Knowing that... Aaahhh its ok. Haha.
I have said QR result might be big enough to push this share. Currently all these e-government companies suffering from the new government policy. With Malaysia market continue on the downtrend due to political uncertainty, it's difficult for this share to move higher for now.
We got to wait until we see the number from blockchain. The figure from blockchain might not be good in the coming QR too as they just started the system. Getting exporters in RCEP to use the new system will takes time. But with RCEP agreement in place, sooner or later China will make it compulsory to go through Zetrix to ensure no tax leakage. It will takes time.
For those who predicted 70, 60sen, can that happen? Yes for sure. We can see global market slowing down. Recession might hit anytime especially US have to cut back on spending in the next 2 years.
What more, Nasdaq & S&P have been on a hot run. That might be a bubble as it's obviously global economy is slowing down. US and China tension aren't helping
But that is the worst case scenario. If US market able to give a more positive indicator, Malaysia market will soon have bargain hunting in the next few days. But with election coming, foreign investors would stay on the sideline waiting for the result. Any bad election would create more uncertainty. PH and unity government has a big task to win in the next election. Removing T20 subsidies might not win them the b40 and M40 votes. And they might lose More T20 votes.
But if you're investing long-term, why worried like the fuker? Always looking myeg please drop please drop. He probably doesn't has a life to begin with. Sad
As expected. Market bargain hunting. Expect this to continue until the fed decision. More upside likely for myeg. But needed bigger news to push the share
Tmr. Tmr also technology stock should continue up. Hopefully MYEG too. After fed decision, hard to predict. A surprised increase in rate would send us stocks in free fall. But even if rate remain, there is chance us market would be in for a correction in near term
Run last chance.. how long we haven't heard of this kind nonsense. Create many accounts to spread rumours. The same pattern happened to many other shares
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jaycee89
269 posts
Posted by Jaycee89 > 2023-06-01 09:03 | Report Abuse
hehhehehehhehe, sure na i always here na