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ASIA: RCEP trade pact is not a game changer for regional balance of power

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The new Regional Comprehensive Economic Partnership trade pact will cover one third of global GDP but is less ambitious on reducing tariffs and non-tariff barriers than the Obama-era Trans-Pacific Partnership.Despite perceptions of RCEP as a "China-led" trade deal, the agreement...

 

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ASIA: RCEP trade pact is not a game changer for regional balance of power

The new Regional Comprehensive Economic Partnership trade pact will cover one third of global GDP but is less ambitious on reducing tariffs and non-tariff