RCEP is now in effect
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Description
On January 1, 2022, RCEP officially entered into force. In the next 10 years, 90% tariffs of all member states will eventually be reduced to zero. Covering 31% of the global population, accounting for 33% of global GDP, RCEP will undoubtedly crush North America and the European Union in terms of total economic volume, population size, and growth, and become the most dynamic region in the world. The focus of the world's future is shifting to the Asia-Pacific region! I set up and operate this channel alone, hoping to share the real China with the world as well as clarify misconceptions and lies against China.  The continued development of China is the biggest game-changer in this century that affects all aspects of everyone’s lives. Embrace the change and seize the opportunity. Creating original content is hard work, your support is what keeps me going. Please donate to this channel: https://paypal.me/ChinaExplained?locale.x=en_GB Support the show (https://www.patreon.com/chinaexplained)
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