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What do you think of the upgrade of the China-NZ trade deal when China is partly decoupling from Australia?

BEIJING: New Zealand’s Prime Minister Jacinda Ardern is playing it smart by supporting an upgraded bilateral trade deal with China. Beijing and Wellington see major opportunities as both nations are embarking on economic rebound efforts.The two sides officially signed on to an enhanced trade agreements just a couple of months after the Beijing-led RCEP (Regional Comprehensive Economic Partnership) was endorsed by 15 nation-states in ASEAN (Association of Southeast Asian Nations), China, South Korea, Japan and Australia.“China remains one of our most important trade partners … For this to take place during the global economic crisis brought about by COVID-19 makes it particularly important,” Al-Jazeera quotes Arden as saying at a press conference.https://www.aljazeera.com/economy/2021/1/26/china-new-zealand-sign-upgraded-free-trade-dealAccording to a draft on the deal, many of New Zealand’s commodities-based exports to China, including timber, dairy and seafood, will see their tariffs scrapped or drastically curtailed. China’s Customs and Border Control measures will ease with reduced costs for New Zealand exporters.Beijing has pledged to open a rising number of sectors in the domestic economy that can deliver enormous benefits to New Zealand firms. The industries to include: aviation, education and finance. In return, Wellington has agreed to increase visa quotas for Chinese language teachers and tour guides.Beijing-Wellington ties have remained firm since New Zealand was the first developed country to sign a free trade agreement with China in 2008. China is New Zealand’s largest trade partner enjoying annual two-way trade valued at US$21.58 billion.Cross-border trade and investment activities will expand exponentially this year. The New Zealand economy is known for its dairy industry and the trade deal with China will be a game-changer for them."This upgraded agreement comes at a time of considerable global economic disruption due to Covid-19. The upgraded free trade agreement is part of the government's Trade Recovery Strategy, in response to the economic shock of Covid-19,” said New Zealand’s Minister for Trade and Exports Growth Damien O’Connor.O’Connor added, "China is one of New Zealand's most important relationships. Signing this agreement today builds on the significant benefits both countries have enjoyed as a result of our existing FTA."By January 1, 2024, all NZ dairy exports to China will be tariff-free. Most importantly, Chinese officials intend to simplify documentation requirements and to establish reliable contacts with NZ companies at China’s major trading ports.New Zealand is also famous for its seafood, while Chinese consumers have shown a stronger taste for such imported foods in recent years. New Zealand’s timber industry will capture more opportunities in the China market as well.You can read more about the China-NZ trade deal from RNZ. The link is here:https://www.rnz.co.nz/news/political/435211/new-zealand-and-china-upgrade-free-trade-agreementAs reported by RNZ:“For the first time, environmental considerations have been included in the upgrade - meaning both countries have committed to ensuring environmental standards aren't lowered for a trade or investment advantage or used for trade protectionist purposes.It will also ensure that most of New Zealand's $3 billion wood and paper trade to China will be tariff-free.The considerations are ‘the most ambitious trade and environment chapter and the highest level of commitment that China has agreed in any FTA,’ O'Connor said.”The upgraded trade agreement must still receive approval from New Zealand’s Parliament and that should not prove difficult. The ruling party enjoys majority rule and can get parliamentary bills voted in favor with strong backing from PM Ardern.WeChat: 86 13439758718

What is the strongest country in Southeast Asia?

It depends on what you mean by being the most powerful.Overall Indonesia is the most powerful and influential in the region due to its large population and area. Indonesia also has the largest economy and a member of G20.Indonesian military is ranked as the 14th strongest in the world. A war among ASEAN countries will be a very unlikely scenario. Should there be a war, I think Singapore and Malaysia will prevail. Both countries are members of The Five Power Defence Arrangements (FPDA) which are a series of defence relationships established by a series of multi-lateral agreements between the United Kingdom, Australia, New Zealand, Malaysia and Singapore (all Commonwealth members) signed in 1971, whereby the five powers are to consult each other "immediately" in the event or threat of an armed attack on Malaysia or Singapore for the purpose of deciding what measures should be taken jointly or separately in response.Rather than determining who is the most powerful, I would prefer ASEAN countries to prosper as a whole. We are all brothers and sisters with the same heart and soul.

Why is the Singapore military weaker than Indonesia, Vietnam, Thailand and Malaysia, despite having a bigger budget and cooler toys?

Here’s a list of the most powerful militaries in the world in 2017 accoding to Business insider.Indonesia is ranked as 14th strongest in the world, followed by Vietnam at 17th and Thailand at 20th. Singapore does not even make it on the top 25.A war among ASEAN countries will be a very unlikely scenario. However should there be a war, I think Singapore and Malaysia will prevail. Both countries are members of The Five Power Defence Arrangements (FPDA) which are a series of defence relationships established by a series of multi-lateral agreements between the United Kingdom, Australia, New Zealand, Malaysia and Singapore (all Commonwealth members) signed in 1971, whereby the five powers are to consult each other "immediately" in the event or threat of an armed attack on Malaysia or Singapore for the purpose of deciding what measures should be taken jointly or separately in response.Rather than determining why Singapore is weaker, I would prefer ASEAN countries to maintain peace and to prosper together. We are all brothers and friends with the same heart and soul.

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