Biggest regional trade deal unveiled

Those that suggest that China's economic strength is solely a function of US consumption should review the regional trade deal published on ft.com

The launch of the China-Asean Free Trade Agreement, which covers almost 1.9bn people, coincides with the implementation of a similar deal with Australia and New Zealand and a deepening of Asean’s own internal trading agreements.

Jim wrote on jsminset.com that currency strength will follow economic ascendancy based on a sound national balance sheet. This is the foundation of political and social ascendancy which is the state of a nation that has also grown militarily during this process. This is the ascendancy of Asia in leadership economically, politically, socially and militaristically. This belonged, as a process, to the US from 1775 to 2000.

Source: ft.com