Chinese Economics Thread
- Thread starter Norfolk
- Start date
Isn't this socialism?
Skywatcher
Captain
China-Mauritius free-trade deal creates model for Beijing’s trade with Africa, observers say
- Agreement opens up a market of 1.4 billion consumers to the tiny island nation in the Indian Ocean
- Deal will ‘vitalise cooperation between our two countries and strengthen China-Africa economic ties’, head of African affairs at Chinese foreign ministry says
The China-Mauritius free-trade agreement – Beijing’s first ever with an African country – took effect on Friday, opening up a market of 1.4 billion Chinese consumers to the tiny island nation in the Indian Ocean.
Should link to the AfCFTA African free trade agreement that just went into effect
You know rethinking the whole bans on agri exports to punish imperialist Aussie and US, I just realized how thoughtful CCP is.
Now it might hurt Chinese consumers due to higher food prices.
But agricultural products have long turnover times. Crops that just sit there die. The products go to waste. It's potentially a whole year of harvest going to the trash.
That hurts much more than a ban on Chinese consumer electronics and stuff which can easily be ramped up.
Now it might hurt Chinese consumers due to higher food prices.
But agricultural products have long turnover times. Crops that just sit there die. The products go to waste. It's potentially a whole year of harvest going to the trash.
That hurts much more than a ban on Chinese consumer electronics and stuff which can easily be ramped up.
AssassinsMace
Lieutenant General
Also developed countries already have established relations with other countries so like how Australia "threatens" to find others to buy their agricultural products... not so easy without disrupting those relations at usually another Western ally's expense. If it were so easily available, they would already be in that market. That's why new markets are more important than ever for Western countries. Australia was that stupid to think what...? Western allies were going to come in to protect them? Like I've been saying... the West will have to pay other countries their losses to not to do business with China. They won't even do that for a Western ally... And they forget how they screwed Japan when Japan did what Obama told them to take on China and it costed them trade and Japan went into recession and China did not and during that time Western allies swooped in to take advantage of Japan's loss not help Japan in buying those products China use to buy from them.
RCEP in Asia. CAI with EU. Potential FTA with Africa eventually. China is a on a roll. The next 10 years will be crucial.