The Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade pact, will provide new opportunities for more inclusive and balanced growth, Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) deputy secretary-general Michael Chai Woon Chew told Xinhua in a recent interview.
Among the many benefits of RCEP will be the transfer of technology and production capacity from developed countries to less developed ones, as the former seek to build up new markets, the Malaysian business observer said.
Produced by Xinhua Global Service■