China is aiming to lead a new trade partnership in Asia called the Regional Comprehensive Economic Partnership. This is because global trade agreements are struggling, and China wants to create a strong trading bloc in Asia. China's strong economy and trade policies make it a key player in the region. If this partnership happens, it could change the global trade system by creating a new powerful trading pole in Asia alongside the EU and the US. China's decisions on regional trade agreements will have a big impact on how international trade works in the future.