Trans-Pacific Partnership

The Regional Comprehensive Economic Partnership, which accounts for half the world’s population with 30 per cent of global gross domestic product and trade, is viewed as an alternative to the TPP deal

Forget TPP, Duterte supports China-backed trade pact

Philippine President Rodrigo Duterte on Tuesday dismissed the teetering Trans-Pacific Partnership free trade deal as “a dream that is no longer there” and threw his support behind a China-backed alternative, the Regional Comprehensive Economic Partnership.