Two Competing Visions of Free Trade in Asia
Posted on November 19, 2012 at 14:23 PM EST
As President Obama meets with his Asian counterparts in Phnom Penh Cambodia, two competing visions for a free trade zone in Asia will be on display. One, backed by the U.S., called the Trans-Pacific Partnership (TPP), excludes China. The other, called the Regional Comprehensive Economic Partnership (RCEP), is backed by