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India?
[edit]Was there also a similar protocol with India that took effect 1/1/10? --68.50.174.146 (talk) 18:40, 4 January 2010 (UTC)
- Yes, the ASEAN–India Free Trade Area also came into effect, but the initial implementation is at a smaller scale than the one with China. [1] Arsonal (talk) 18:56, 4 January 2010 (UTC)
ould you care to expand on why this was more important? —Preceding unsigned comment added by 81.153.226.42 (talk) 00:48, 31 January 2010 (UTC)
- The AIFTA came into effect for three ASEAN countries, while the ACFTA came into effect for six. I believe China also has a greater trade volume with ASEAN than India. Arsonal (talk) 04:15, 31 January 2010 (UTC)
Map?
[edit]I think this article should include a map of the affected countries. I am not nearly wiki/tech savvy to do this on my own (at this point in time), so I invite any others who are to please do so. Shanoman (talk) 20:54, 1 January 2010 (UTC)
- How's this? Animadversio (talk) 22:56, 1 January 2010 (UTC)
According to data provided by Wikipedia both came into effect for all 10 ASEAN countries under both trade agreements. However i will agree with you on greater trade with China. —Preceding unsigned comment added by 86.132.159.128 (talk) 21:34, 4 February 2010 (UTC)
does the treaty cover hong kong and macau?
[edit]Both SAR's joined WTO before the mainland, and i have read that the treaty makes reference to the customs territory of China at the moment of its accession to the WTO, 5 years later
Please confirm —Preceding unsigned comment added by 81.32.60.138 (talk) 16:31, 2 January 2010 (UTC)
- As far as I know, Hong Kong and Macau are not included. The mainland Chinese government has separate economic agreements with both SARs. Hong Kong is listed as a separate entity in the ASEAN Statistical Yearbook when accounting for trade data. Arsonal (talk) 11:29, 3 January 2010 (UTC)
Suggested Sites
[edit]- I recommend this source because of its relevance to where China is going with the free trade agreement in the future. By building and expanding industries such as railroads and highways, China will further improve trading with partners. Imports and exports are expected to expand because of this as well. China and ASEAN are looking to assist development in the less developed economies of Asia. This is an overall look of how China and ASEAN's relationship are looking to the future.
Shimada, Gaku (2012).China planning for $500 billion in ASEAN trade by 2015 with boosted infrastructure.The Nikkei Weekly (Japan). Retrieved from http://www.lexisnexis.com/
- I recommend this source because it states the benefits ASEAN is receiving from China's economic growth and how they correlate between each other. China's efforts to become a more balanced economy from depending on exports has given ASEAN members positive spillover.
ASEAN benefits from China's economic growth - experts.(2010). BBC Monitoring Asia Pacific - Political Supplied by BBC Worldwide Monitoring. Retrieved from http://www.lexisnexis.com/
- I recommend this source because it shows some disadvantages and tradeoffs of China's relationship with ASEAN. Some ASEAN associated businesses could struggle with China's growth. Also states competitive reality for all other free trade deals globally.
Burmese exile website views disadvantages of ASEAN-China free trade deal.(2010). BBC Monitoring Asia Pacific - Political Supplied by BBC Worldwide Monitoring. Retrieved from http://www.lexisnexis.com/
--Twroberts1 (talk) 22:33, 2 October 2012 (UTC)Tyler Roberts student at California Maritime Academy
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GDP in 2019
[edit]Concerning this edit: [2] by Special:Contributions/172.72.222.15, restoring a previously reverted edit [3] by Special:Contributions/80.65.123.58.
Edit claims:
The trade bloc has grown to a combined nominal gross domestic product of US$17 trillion in 2019.
using sources:
- https://www.investopedia.com/insights/worlds-top-economies/
- https://www.thejakartapost.com/seasia/2019/11/26/asean-worlds-fifth-largest-economy-report.html
Investopia claims the IMF 2019 data gives China a nominal GDP of $14.14 trillion. That seems credible; the IMF April 2019 stats for China ([4]) estimates US$14.22 trillion for 2019; I suppose one could look at the latest 2020 IMF stats to see if there's something more concrete for 2019.
The problem comes from the Jakarta Post source which refers to the 2019 ASEAN Integration Report. The Jakarta Post article reads:
ASEAN was the fifth-largest economy in the world with a gross domestic product (GDP) of around US$3 trillion last year
This is verified by the 2019 ASEAN Integration Report which, on page XIV (part of the Executive Summary), reads:
With a combined GDP of USD 3.0 trillion in 2018, as compared to USD 2.5 trillion in 2015, ASEAN is currently the fifth largest economy in the world.
One source is describing 2019, the other 2018. Therefore, the edit fails verification and I have reverted it again. - RovingPersonalityConstruct (talk, contribs) 00:06, 28 September 2020 (UTC)
RovingPersonalityConstruct
You are being very stubborn here. You first said that China's GDP is $14 trillion and ASEAN has a GDP of at least $3 trillion. This makes the combined GDP of $17 trillion. There is nothing wrong about the sentence.
Please stop your disruptive behavior and contribute positively, or it is simply not your intention to do so.
Thank you,
Sincerely — Preceding unsigned comment added by 172.72.222.15 (talk) 02:39, 28 September 2020 (UTC)