China’s Goal

1.3 Regional Comprehensive Partnership Pact

Shawn Goh

Revival of Silk Road

The Future of Global Commerce

Singaporean  Alumni  NYU  &  Columbia  ‘15    

CHINA’s RCEP

Regional Comprehensive Economic Partnership

Key Competitor CHINA Key Exports 2013

• EU rose 17% in July, ’14 from July ’13

• U.S. jumped 12.3 %, the biggest gain since Nov. 08

• ASEAN gained 11.9 %. The trade surplus for the first 7mths widened to $150.6B from $125.9B in 2012. The previous surge in trade surplus was in monthly record was $40.1B in November 2008. RCEP-FTA: “Counter-weight”

~Based on customs data compiled by Bloomberg ‘14

Competitive Landscape China’s Revival Silk Road

Historical Trading Route

Competitive Landscape Up-coming Trading Routes

Competitive Landscape Up-coming Trading Routes

Regional Comprehensive Economic Partnership

Competitive Landscape Up-coming Trading Routes

RCEP Regional Comprehensive Economic Partnership

Global Trends

Market Size: Over 3B people 45% of global population

Combine GDP: $17.23 Trillion USD, 1/3 or global GDP

FTA will integrate through ASEAN + 1

China’s Counterweight to TPP

ASEAN, Australia, China, India, Japan, Korea & New Zealand