Source: United States & Canada – South China Morning PostChina is taking the lead in expanding global trade as the world’s biggest trade pact takes effect, leaving behind an increasingly protectionist United States, trade experts say.The Regional Comprehensive Economic Partnership (RCEP), comprising 15 member countries including China, will take effect on January 1 after reaching the minimum number of ratifications this week.First signed in November last year after eight years of negotiations, RCEP will not only expand trade for around 30 per cent of…Read More