The Regional Comprehensive Economic Partnership (RCEP) Free Trade Agreement was signed off last Sunday and is the largest in the world. It will impact 2.2 billion consumers across all ten ASEAN nations, Australia, China, Japan, New Zealand and South Korea, adding about US$186 billion annually to global trade and GDP - great news as we begin to emerge from the trade impact wrought by Covid-19. But what and where are the real impacts? Our series of articles this week explain where the opportunities lie, and who are the winners and the losers. Written by Dezan Shira & Associates professionals on the ground across Asia, these are the most detailed available overviews of what RCEP will bring. |
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