US President Donald Trump with Chinese President Xi Jinping. Photo: AP

TPP survives but Donald Trump’s retreat from globalisation is likely to remain, creating an opening for China to take the lead

  • Rodrigo Zeidan says China and India are poised to be the two largest economies by purchasing power parity by 2050
  • The US is likely to ignore or even seek further retaliatory measures as the Regional Comprehensive Economic Partnership (RCEP) moves towards its final design
Topic |   Trade

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US President Donald Trump with Chinese President Xi Jinping. Photo: AP
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