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"First, their increasing manpower costs increase their cost of doing business in China. This may at first seem bad for China's competitiveness but, in the longer term, higher wages also mean that companies have a more productive, higher skilled labor pool to hire from," said Yu. "This would allow them to move up the value chain."

"Free trade will be good for the Asian region supply chain, which is already tightly integrated," said Ben Simpfendorfer, an economist and CEO at Silk Road Associates in Hong Kong. "Free trade will initially benefit established countries, like Singapore, Malaysia and Vietnam. The frontier markets like Myanmar might still have challenges."

"For my entire life, The Capital has been my hometown newspaper. My family and I have enjoyed special relationships with many great people who have worked for the newspaper," Belichick said. "My heart goes out to the victims, their families and the entire Annapolis community."

"Flights are delayed until the aircraft is moved," it said.

"Given the sluggish world economy and rising trade protectionism, the negative list will help to remove the barriers in service trade and create a more open and free market," he added.