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Day: June 2, 2023

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Malaysian economy and BNM

Economic Partnerships and future integration with RCEP

I like the Regional Comprehensive Economic Partnership (RCEP) which currently has 10 members. They are as follows: 10 members of the Association of Southeast Asian Nations, China, Japan, the Republic of Korea, Australia, and New Zealand. China is the 2nd largest economy in the world. Japan is the 3rd largest. South Korea is the 10th largest. The rest are out of the top 10 but ASEAN as a bloc is the 5th largest economy in the world.

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