Business

Why China Is Creating a New Asia-Pacific Trade Pact: QuickTake

With the 15 countries in the RCEP closing in on a deal, the question now is what the impact will be on American and Chinese efforts to boost their clout — and business — across Asia. Then Prime Minister Narendra Modi pulled India out of another regional grouping led by China known as the RCEP.
Source: https://www.washingtonpost.com/business/why-china-is-creating-a-new-asia-pacific-trade-pact-quicktake/2020/11/12/0d67b996-24bb-11eb-9c4a-0dc6242c4814_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business

In both cases, protectionism played a part; in both cases, the show went on without them. First President Donald Trump withdrew the U.S. from a 12-nation, pan-Pacific trade deal known as the TPP.
Source: https://www.washingtonpost.com/business/whats-the-rcep-and-what-happened-to-the-tpp/2020/11/12/0d67b996-24bb-11eb-9c4a-0dc6242c4814_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business

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