Why? The booming Asia-Pacific region is a logical focus for America’s trade negotiators. Over the last two decades, the region’s middle class grew by 2 billion people, and its spending power is greater than ever. That number is expected to rise by another 1.2 billion by 2020. According to the International Monetary Fund, the world economy will grow by more than $20 trillion over the next five years, and nearly half of that growth will be in Asia.
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