Japan's Shifting Power Alliances

From Zero Hedge:

The rise of nationalism in the U.S. will cause massive shifts in global trade alliances.One of the main beneficiaries will be Japan...

However, this offers Japan good news for future trade and projects. Japan is well positioned to benefit both from existing alliances with the U.S. and growing ones in the rest of the world, particularly with China and the EU.

Another key agreement, called the RCEP, also excludes the U.S. but includes Japan. It represents 16 countries that account for almost half the world’s population, contribute 24% percent of global GDP and over a quarter of world exports.

The countries are Japan, Australia, Brunei, Cambodia, China, India, Indonesia, Laos, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Thailand and Vietnam. The economic and population growth rates of the RCEP countries far outpaces that of the U.S. and EU.

This trend of non-U.S. trade alliances is more pronounced than ever for three reasons:

http://www.zerohedge.com/news/2017-07-22/japans-shifting-power-alliances