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by bduerst
2452 days ago
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Kind of - Japan ratified the TPP, and Obama just said he'd talk about it. Regardless, you're still right. In lieu of the TPP falling apart, China created it's own version to control APAC trade and fill the power gap, called RCEP. The trade war and the "America First" attitude has only incentivized China to speed up the negotiations, which if successful, will control something like half the world's global GDP. The next RCEP meeting is next month and it will be interesting to see what comes from it. |
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