By: Bloomberg | Updated: November 15, 2020 5:23:44 pm The container ship Maersk Eindhoven, operated by Maersk Line Ltd., is moored alongside gantry cranes at a shipping terminal in Yokohama, Japan, on Sunday, July 19, 2020. Japanese exports fell more than 20% for the third consecutive month. even as key …
Read More »15 Asian nations sign huge trade pact backed by China
The Prime Minister of Vietnam chairs the IV Regional Summit of Comprehensive Economic Partnership Hanoi: Fifteen countries signed an extensive Asian trade deal on Sunday seen as a major blow to China in expanding its influence. The Regional Comprehensive Economic Association (RCEP), which includes 10 Southeast Asian economies along with …
Read More »What is the RCEP trade agreement?
Backed by China, the expanding Regional Comprehensive Economic Association (RCEP) is seen as a coup for Beijing to extend its influence in the region and mark its dominance in Asian trade. After eight years of discussing the details, the trade pact, the world’s largest in terms of GDP, analysts say, …
Read More »