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Why the US could be the Big Loser in the Huge RCEP Trade Deal Between China and 14 Other Countries

Flag of China against a white sky
November 26, 2020

Eswar Prasad, SAP

"The trade pact more closely ties the economic fortunes of the signatory countries to that of China and will over time pull these countries deeper into the economic and political orbit of China,” says Eswar Prasad, professor of economics and trade policy.

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