RCEP trade pact hands China a global edge, for now

Free world needs a fresh approach to strengthen liberal block

20210428N Xi poster

A poster of Chinese President Xi Jinping is displayed at the Forbidden City. With the failure of the U.S. to join the TPP, Beijing pressed forward with the RCEP. © Reuters

HIROYUKI NISHIMURA, Nikkei senior staff writer

TOKYO -- The world's largest trade pact that encompasses 30% of the global economy is set to come into force as early as this year.

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