- Dr. Alon Levkowitz
- December 27, 2020
- Paper No. 1857
In a move that could represent another step in Washingtonโs decline and Chinaโs 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.