China and ASEAN took steps to widen trade through a fresh pact. The arrangement aims to boost commerce between China and the 10-member bloc. In a cautious climate, analysts cautioned over growing Chinese investment, warning of risks in deeper ties. In Australia, CPA Australia attended a Shenzhen economic exchange ahead of APEC. Singapore-based legal firm Wotton Kearney added a marine disputes team. Vietnam confirmed a new alliance for its trade showcase.
Past analysis contended that mainstream international trade theory ignores development concerns. That view points to gaps in how trade benefits are measured across economies.