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East Asia can do even more to defend globalization

By fully implementing CPTPP, the region can burnish its record as free-trade torchbearer

| China
ASEAN+3 is forging ahead with plans to deepen economic and financial integration among its members and with the rest of the world.   © Reuters

The trade conflict between the U.S. and China, coupled with the specter of rising protectionism globally, is having a profound impact, shaking conventional views of globalization and its benefits.

Countries have been compelled to re-evaluate their growth strategies, as the tussle between the world's two largest economies has weakened regional trade, heightened uncertainty, undermined business confidence, and jeopardized global economic recovery.

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