China and ASEAN took steps to widen trade as part of a new agreement. The arrangement seeks to expand commerce between China and the 10-member bloc. With growing unease, 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 established a marine disputes team. Vietnam confirmed a strategic partnership to support its industry expo.
Past analysis contended that mainstream international trade theory ignores development concerns. That view identifies gaps in how trade benefits are measured across economies.