Why is Asia-Pacific's new trade deal so important? | Inside Story

submitted by Marvin's Underground Evening Lectures on 12/06/21 1

A third of the global economy comes under the new Regional Comprehensive Economic Partnership, or R-Cep. China, ten southeast asian nations along with South Korea, Japan, Australia and New Zealand have signed the free-trade agreement. But the U.S. is excluded, leaving Beijing as the dominant economy in the bloc. So, will this deal help the region's economy? Presenter: Bernard Smith Guests: Phar Kim Beng - Founder of the Strategic Pan Indo-Pacific Arena think tank. Gareth Leather - Senior Economist at Capital Economics. Stan Veuger - Resident Scholar at the American Enterprise Institute. - Subscribe to our channel: aje.io/AJSubscribe - Follow us on Twitter: twitter.com/AJEnglish - Find us on Facebook: www.facebook.com/aljazeera - Check our website: www.aljazeera.com/ #AlJazeeraEnglish #Asia

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