âś…In the latest development, 15 countries solidifi ed their participation in the Regional Comprehensive Economic Partnership (RCEP).
âś…Even as India opted to stay out after walking out of discussions last year, the new trading bloc has made it clear that the door will remain open for India to return to the negotiating table.
▪️Background
âś…The RCEP was first proposed at the 19th ASEAN meet in November 2011 with an aim to create a consolidated market for the 10 member countries and their trade partners.
âś…India pulled out of the agreement last year over concerns about cheap Chinese goods entering the country. It can join at a later date if it chooses.
▪️What is RCEP?
✅It is described as the “largest” regional trading agreement to this day, RCEP was originally being negotiated between 16 countries — ASEAN members and countries with which they have FTAs, namely Australia, China, Korea, Japan, New Zealand and India.
âś…In the latest development, 15 countries solidifi ed their participation in the Regional Comprehensive Economic Partnership (RCEP).
âś…Even as India opted to stay out after walking out of discussions last year, the new trading bloc has made it clear that the door will remain open for India to return to the negotiating table.
▪️Background
âś…The RCEP was first proposed at the 19th ASEAN meet in November 2011 with an aim to create a consolidated market for the 10 member countries and their trade partners.
âś…India pulled out of the agreement last year over concerns about cheap Chinese goods entering the country. It can join at a later date if it chooses.
▪️What is RCEP?
✅It is described as the “largest” regional trading agreement to this day, RCEP was originally being negotiated between 16 countries — ASEAN members and countries with which they have FTAs, namely Australia, China, Korea, Japan, New Zealand and India.
Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. It’s a tough job. People who choose to mine Bitcoin use a process called proof of work, deploying computers in a race to solve mathematical puzzles that verify transactions.To entice miners to keep racing to solve the puzzles and support the overall system, the Bitcoin code rewards miners with new Bitcoins. “This is how new coins are created” and new transactions are added to the blockchain, says Okoro.
The SSE was the first modern stock exchange to open in China, with trading commencing in 1990. It has now grown to become the largest stock exchange in Asia and the third-largest in the world by market capitalization, which stood at RMB 50.6 trillion (US$7.8 trillion) as of September 2021. Stocks (both A-shares and B-shares), bonds, funds, and derivatives are traded on the exchange. The SEE has two trading boards, the Main Board and the Science and Technology Innovation Board, the latter more commonly known as the STAR Market. The Main Board mainly hosts large, well-established Chinese companies and lists both A-shares and B-shares.
