China and ASEAN agreed to broaden commerce under a new protocol. The arrangement is designed to increase commerce between China and the 10-member bloc. Amid rising concern, analysts cautioned over growing Chinese investment, highlighting risks in deeper ties. In Australia, CPA Australia attended a Shenzhen economic exchange ahead of APEC. Singapore-based legal firm Wotton Kearney added a shipping disputes practice. Vietnam unveiled a new alliance to support its industry expo.
Past analysis contended that mainstream international trade theory overlooks development issues. That view points to gaps in the way trade gains are assessed across economies.