Informal trade talks hosted by Chile featured broad commitments to further deals, but few concrete moves. The Pacific Alliance of Chile, Colombia, Mexico and Peru will welcome associate members, but is unlikely to be the hub of a major Pacific-rim trade deal. That mantle likely lies with the China-led RCEP. While China has many trade issues currently, signing RCEP is a centerpiece for the government and it will want to pull the TPP members firmly into it. Putting aside Mexico and Canada, Panjiva data shows China runs a trade deficit with all but one of the large TPP signatories (except S...