RCEP an alternative to TPP, says Fitch Ratings


KUALA LUMPUR: The China-led Regional Comprehensive Economic Partnership (RCEP) could turn out to be an alternative to the Trans-Pacific Partnership (TPP).

International rating agency, Fitch Ratings, in its 2017 Outlook: Emerging Asia Sovereigns Report, said RCEP, however, has limited regulatory reforms and large consumer markets in the Americas were excluded.

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