Trump must know protectionism can never win vs multilateralism

The two sides of the Pacific are sending different messages. The Asian Infrastructure Investment Bank's board of governors held its third annual meeting in Mumbai, India, on June 25-26.

And Indian Prime Minister Narendra Modi called the AIIB "a result of collaborative efforts of Asian countries to provide a better tomorrow to our people", asserting that regional multilateralism through institutions such as the AIIB can play a central role in helping increase resources.

Besides, Australia, China, India, Japan, New Zealand, the Republic of Korea and the 10 members of the Association of Southeast Asian Nations held working-level negotiations on the Regional Comprehensive Economic Partnership in Tokyo last week. And an RCEP ministerial meeting was held on Sunday.