Vietnam, Malaysia May Be The TPP's Biggest Beneficiaries: CS

Who is the biggest winner of the TPP deal? If you guessed the US middle class... you were wrong

The biggest beneficiaries from the Trans Pacific Partnership struck on Oct. 5, are expected to be Vietnam and Malaysia, while the impact on non-TPP Asian countries is likely to be slightly negative, believes Credit Suisse analyst Michael Wan. He said in his Oct. 7 research report on “Asia Economics” that he thinks the manufacturing sector will be the biggest beneficiary from the TPP.

Vietnam could witness a 10% boost to GDP by 2025

Wan terms the TPP a historic agreement, as after almost seven years of negotiations, the U.S., Japan and 10 Pacific Rim countries finally came to an agreement. The analyst points out that if the...