RCEP–A New Free Trade Arrangement in East Asia

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The Regional Comprehensive Economic Partnership (RCEP) trade agreement signed on Sunday in the Vietnamese capital, Hanoi, is seen as a major coup for China. Its growing influence in the Asia-Pacific underlines America’s declining voice under President Trump who pulled the US out of a trade pact of its own, the Trans-Pacific Partnership. So will RCEP cement China’s position more firmly as an economic partner with Southeast Asia, Japan and Korea, and put the world’s second-biggest economy in a better position to shape the region and its trade rules? Mike asked RTHK’s Washington-based international economics correspondent, Barry Wood:

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