Why the Regional Comprehensive Economic Partnership is such a big deal

The biggest trade bloc in history, the Regional Comprehensive Economic Partnership, provides its member states with a tariff-free route into the China market. However, as Joe Cash explains, China’s membership brings challenges as well as opportunities Just after the stroke of midnight on New Year’s Eve, trade negotiators in Australia, Brunei, Cambodia, China, Japan, Laos, New Zealand, Singapore, South Korea, Thailand and Vietnam likely raised a second toast congratulating themselves…