Re:RCEP, the world’s biggest trade agreement
by sanxiyn on Sunday November 15, 2020 @11:32PM
(#25108038)
South Korea never had current account surplus with Japan, more than 50 years and counting. Yes, South Korea wants to run current account surplus, but that does not mean running current account surplus with RCEP. In fact there is nothing contradictory about everyone in RCEP running current account surplus and within RCEP trade balancing out.
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Re:RCEP, the world’s biggest trade agreement
by cinquemb on Sunday November 15, 2020 @11:40PM
(#25108082)
"…and within RCEP trade balancing out."
This remains the biggest question, and imo would require china to invest a lot more uncollateralized in SEA than they do already (most doable), or import a lot more from SEA (I do not see this happening).