China and ASEAN moved to expand trade through a fresh pact. The arrangement is designed to increase commerce between China and the 10-member bloc. With growing unease, analysts cautioned over growing Chinese investment, pointing to 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 unveiled a new alliance to support its industry expo.
Past analysis contended that mainstream international trade theory fails to account for development. That view identifies gaps in how gains from trade are tracked across economies.