"Nothing less than a major milestone in global economic history and a huge victory for China over increasing US regional hegemony has been realized on Sunday with the signing of the biggest free trade deal ever among fifteen Asia Pacific Nations.
Called the Regional Comprehensive Economic Partnership, or RCEP, the agreement was signed virtually during the annual summit of the 10-nation Association of Southeast Asian Nations (ASEAN), and effectively establishes the world's largest trading block that is expected to encompass almost one-third of all global economic activity, crucially without the United States..."
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