US–China trade war and the RCEP negotiations

Chatterjee, Sanchita

doi:10.4324/9781003053613-14

Cited by 2 publications

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“…International markets, global industrial chains and supply chains have undergone structural changes under the influence of COVID-19.Some of the world's larger economies have had diverse reactions to the RCEP. The United States has a mixed attitude towards the RCEP, arguing that it strengthens the ties between Asian economies but at the same time intensifies competition between major powers (Chatterjee, 2021). Currently, rising protectionism and the US-China trade friction has great negative impacts on ASEAN and East Asia.…”

Section: Challenges Confronting the Development Of China's Shipping S...mentioning

confidence: 99%

China’s shipping market supervision system under theRCEP: Influence, challenges and countermeasures

Shi

2023

Front. Mar. Sci.

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The entry into force of the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade agreement, has injected new vitality into multilateralism and free trade, against a background of global economic and political instability. Its core concept is to liberalize and facilitate trade. Regulation of the shipping market warrants attention. Under the RCEP, the international shipping industry is characterized by a digital development trend in shipping supervision, continuous upgrading of shipping management and supervision capabilities, and more open and transparent shipping market supervision. However, in the process of implementing new rules for shipping market supervision, there are still some challenges, such as logistics risks and loopholes in shipping supply chains, insufficient coordination of shipping supervision among RCEP member countries, and an imperfect legal and regulatory system. This paper therefore suggests that under the RCEP, China should strengthen the anti-risk ability of shipping supply chains, promote coordinated supervision among member countries, strengthen environmental protection, and promote the coordination of digital supervision.

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Section: Challenges Confronting the Development Of China's Shipping S...mentioning

confidence: 99%

China’s shipping market supervision system under theRCEP: Influence, challenges and countermeasures

Shi

2023

Front. Mar. Sci.

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“…The United States has a mixed attitude towards the RCEP, arguing that it strengthens the ties between Asian economies but at the same time intensifies competition between major powers [ 15 , 16 ]. The RCEP is regarded as largely offsetting the significant impact of the US–China trade war on the world at large [ 12 , 17 ]. The negative effects of the RCEP on the European Union (EU) are, on the one hand, that the RCEP will weaken the influence of EU companies and reduce investment in EU companies and, on the other hand, that the RCEP allows the huddling of Asian economies to weaken the influence of EU standards [ 18 , 19 ].…”

Section: Introductionmentioning

confidence: 99%

Addressing the COVID-19 Shock: The Potential Job Creation in China by the RCEP

Yong

Lee

2022

IJERPH

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In 2020, coronavirus disease (COVID-19) left around 81% of the global workforce, nearly 2.7 billion workers, affected. Employment in China was the first to be hit by COVID-19. The Regional Comprehensive Economic Partnership (RCEP) is expected to bring dynamism to China’s employment market in an era of long COVID-19. This study aims to examine the number of sectoral jobs that the RCEP will create in China, with the number of skilled or unskilled labour employed in each sector. The exogenous shocks to the RCEP can be reflected in the number of jobs created through multipliers based on a social accounting matrix compiled from China’s input-output tables in 2017, combined with the employment satellite accounts compiled. The results show that the RCEP is expected to create over 17 million potential jobs in China, with unskilled labour accounting for 10.44 million and skilled labour for 6.77 million. It is even expected that there will be job losses in the metalworking machinery sector. The contribution of this paper can serve as a reference for policies to protect vulnerable sectors, further open up trade markets and strengthen cooperation among RCEP members as important measures to address the employment impact of long COVID-19.

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US–China trade war and the RCEP negotiations

Cited by 2 publications

References 0 publications

China’s shipping market supervision system under theRCEP: Influence, challenges and countermeasures

China’s shipping market supervision system under theRCEP: Influence, challenges and countermeasures

Addressing the COVID-19 Shock: The Potential Job Creation in China by the RCEP

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