The Regional Comprehensive Economic Partnership (RCEP) covers nearly one third of the world’s population and gross domestic product. Photo: Reuters
The Regional Comprehensive Economic Partnership (RCEP) covers nearly one third of the world’s population and gross domestic product. Photo: Reuters

China’s marginal RCEP gains will not offset trade war impact on economy, studies show

  • Studies show the benefits of Regional Comprehensive Economic Partnership (RCEP) will not outweigh the negative impact of the long-running US trade war on China’s economy
  • However, analysts agree the trade pact, which covers 30 per cent of the global economy, is far more strategically significant than in direct economic impact

The Regional Comprehensive Economic Partnership (RCEP) covers nearly one third of the world’s population and gross domestic product. Photo: Reuters
The Regional Comprehensive Economic Partnership (RCEP) covers nearly one third of the world’s population and gross domestic product. Photo: Reuters
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