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  • Beijing Review

    RCEP AND THE GLOBAL ASIAN CENTURY

    Nov 26, 2020 4 minutes
    By Josef Gregory Mahoney

    The author is professor of politics at East China Normal University in Shanghai

    ome experts caution it’s easy to overestimate the economic, political, and geostrategic significance of the newly signed Regional Comprehensive Economic Partnership (RCEP) and how it may transform Asia and global affairs. On one hand, the agreement is more structure than details at this point, and the global economy and multilateralism face tremendous headwinds presently. On the other hand, the same was true when the World Trade Organization (WTO) rose from the ashes of the General Agreement on Tariffs and Trade, and more so with the founding of the Association of Southeast Asian Nations (ASEAN) and other agreement-based international orders becoming major

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