TOKYO/NEW YORK -- Talking about trade last year, then-U.S. presidential candidate Joe Biden warned that "either China's going to write the rules of the road for the 21st century on trade, or we are."
The president-elect will have to act quickly upon taking office, after China and 14 other Asia-Pacific countries banded together Sunday to sign the Regional Comprehensive Economic Partnership agreement, creating the world's largest tariff-free trading bloc.
