China-backed RCEP trade deal pushed back to 2019
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A CHINA-backed bid to complete the world's largest trade deal - without the United States - was pushed back to 2019 after Asia-Pacific trade ministers failed to agree on key terms at a meeting in Singapore.
The Regional Comprehensive Economic Partnership (RCEP), covering half the world's population, is billed as an antidote to US President Donald Trump's "America First" agenda, which has seen tariffs imposed on almost half of all Chinese imports to the US - and retaliatory levies by Beijing.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
