CHINA-JAPAN-USA TRADE GEOPOLITICS SHIFT IN ASIA-PACIFIC

The three largest economies in the world are redefining their roles in sustaining the postwar trading order amid rising geopolitical tensions. China continues knitting the region together through infrastructure finance while pursuing multilateralism, though it lacks liberalization. Japan is rescuing the TPP project to encourage the United States' return to regional economic diplomacy. The United States remains critical of multilateral undertakings and resorts to unilateral enforcement as its main trade policy thrust.