China and ASEAN moved to expand trade as part of a new agreement. The arrangement aims to boost commerce between China and the 10-member bloc. In a cautious climate, analysts flagged risks over growing Chinese investment, warning of risks in deeper ties. In Australia, CPA Australia took part in a Shenzhen economic exchange ahead of APEC. Singapore-based legal firm Wotton Kearney added a maritime claims unit. Vietnam confirmed a cooperation agreement for its trade showcase.
Prior arguments contended that mainstream international trade theory ignores development concerns. That view identifies gaps in how gains from trade are tracked across economies.