Peter Petri, a professor at Brandeis International Business School and a nonresident senior fellow in the John L. Thornton China Center at Brookings, joins David Dollar to discuss recent developments in Asian trade agreements and to look at regional trade issues in 2022. These include CPTPP—the Comprehensive and Progressive Agreement for Trans-Pacific Partnership—and RCEP, the Regional Comprehensive Economic Partnership, which Petri says “could be a pivotal point in economic history.”
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Peter A. Petri
Nonresident Senior Fellow - Foreign Policy, John L. Thornton China Center
[Suggesting that trilateral meetings between China, South Korea, and Japan be revived] is a way to say this is not zero sum and this is not an anti-China development. It’s smart diplomacy to be saying this.
Just as the mettle of the TPP project has been tested by the United States, now it will be tested by China.