The Indo-Pacific Economic Framework for Prosperity: America’s Answer to the Regional Comprehensive Economic Partnership?
... priorities is a clear response to China’s integration activity. Today, China is king of regional integration initiatives in the Asia-Pacific, banking on the maximum involvement of regional players in value chains with the participation of Chinese companies ... ... number of service industry sectors and investment in 2004, as well as with Beijing’s agreement with Macau. The agreement with ASEAN evolved in a similar manner. Importantly, China has stayed true to this integration course for two decades. The RCEP may very well evolve in the same way. While it is true that there are no fundamentally new agreements within this partnership ...