Now that the Electoral College has formalized Biden’s win, the U.S. President-elect needs to rebuild trade deals with the Asia-Pacific to counter China’s dominance. Below is an analysis of the RCEP and what the U.S. and its value partners can expect from the world’s largest trade bloc.

A collective sigh of relief mixed with trepidation can almost be heard over computer screens as the Regional Comprehensive Economic Partnership (RCEP) Agreement was signed on November 15, 2020. In light of the COVID-19 pandemic, organizers in Hanoi had no choice but to digitalize the signing ceremony of what some experts herald as a landmark economic agreement and what others see as an important building block in the realization of China’s geopolitical ambitions.

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