RCEP/ASIA – Will RCEP Change the Game in Asia? (Alon Levkowitz, BESA Center)

In a move that could represent another step in Washington’s decline and China’s hegemonic ascent in Asia, 15 state ministers signed the RCEP free trade agreement on November 15, 2020. The question weighing on policymakers across Asia, Europe, and the US is whether the RCEP economic bloc will change the global economic balance of power.