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Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 4

SINGAPORE — China will provide an anchor mechanism for the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade pact which came into force on Jan. 1, a Singaporean scholar said recently.

As the world’s second largest economy which possesses very strong bases in consumption, production and innovation, China will provide the anchor mechanism for RCEP, said Professor Lawrence Loh, dir