China's new world order
Posted on AllSides November 16th, 2020
From The Left
ANALYSIS
The largest free trade area in the world came into existence over the weekend — and the U.S. was not even invited.
Why it matters: For the first time in living memory, the hegemon at the center of a major global free trade agreement is not the U.S.
China has stepped into Uncle Sam's shoes, and now anchors the Regional Comprehensive Economic Partnership, or RCEP, an area covering 2.2 billion people and 1/3 of all the economic activity on the planet.
AllSides Media Bias Rating: Lean Left
