Asia forms world’s biggest trade bloc, a China-backed group that excludes US

The deal puts China in a better position to shape the area’s trade rules and cut its dependence on other markets

15 November 2020 - 18:34 By Khanh Vu and Phuong Nguyen

Fifteen Asia-Pacific economies formed the world’s largest free trade bloc on Sunday, a China-backed deal that excludes the US, which had left a rival Asia-Pacific grouping under President Donald Trump...

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