BizBeat Ep. 298: As RCEP era dawns, multilateralism gets a major boost
The Regional Comprehensive Economic Partnership, or RCEP, came into effect today. In 2021, fifteen countries reached agreement through intensive negotiations. But we also saw nations like the United States resorting to retrograde steps such as unilateralism and protectionism, which not only hindered the global recovery from the pandemic, but also intensified regional strife. In this episode of BizBeat, CGTN's Zhu Zhu points out that against the background of complex global political circumstances, multilateralism will become the mainstay.