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ASEAN, China, other partners sign world’s biggest trade pact

ASEAN, China, other partners sign world’s biggest trade pact
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China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal many in Asia are hoping will help hasten a recovery from the shocks of the pandemic.

The Regional Comprehensive Economic Partnership, or RCEP, was signed virtually on Sunday on the sidelines of the annual summit of the 10-nation Association of Southeast Asian Nations…

To read more: https://apnews.com/article/global-trade-summits-coronavirus-pandemic-asia-east-asia-00e9be01d98abe6663af4e80dc2a1772

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