RCEP kicks in as China seeks to lead regional economic integration

Left out of world's largest trade bloc, U.S. prepares response

20211229 china containers

A container terminal in China's Zhejiang Province in August: The 15-member RCEP pact is connecting China, Japan and South Korea under a free trade agreement for the first time. © Reuters

KENTARO IWAMOTO, Nikkei staff writer

January 1, 2022 12:30 JST

SINGAPORE -- An Asia-Pacific agreement to create the world's largest trade bloc entered into force on Saturday, ushering in a new phase of regional economic integration.

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