US-China tensions spur progress on giant Asia trade pact

US-China tensions spur progress on giant Asia trade pact

Channel NewsAsia - Business·2019-10-29 15:51

Workers put up a sign to welcome leaders to the 35th ASEAN Summit in Bangkok, Thailand Oct 29, 2019. (Photo: REUTERS/Patpicha Tanakasempipat)

BANGKOK: Tensions between the United States and China have given new impetus to a China-backed trade pact and there is a chance of major progress, if not final agreement, when Southeast Asian leaders meet in Bangkok this week, analysts say.

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