The Regional Comprehensive Economic Partnership (RCEP): an analysis of its potential benefits for China

نویسندگان

چکیده

Regional Comprehensive Economic Partnership (RCEP) is a mega-regional free trade agreement aimed to remove tariff and non-tariff barriers, increase facilitation, liberalise investment, promote global value chains among the member countries. The study aims know importance of RCEP regarding trade, foreign direct investment other economic affairs for China its potential benefits members. It has provided 90% reduction on 15 can potentially FDI inflow through creation effects. Establishing business-friendly market in Asia Pacific region provisions this have many advantages Chinese economy. Among members, leading power. Therefore, she will get maximum as, according statistical simulations, it her international exports, services, inflow. current 2.2% imposed exports be decreased 0.4%. expected profit from 214 billion dollars, equal GDP 13.4%

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ژورنال

عنوان ژورنال: Liberal arts & social sciences international journal

سال: 2022

ISSN: ['2664-8148']

DOI: https://doi.org/10.47264/idea.lassij/6.2.10