The remaining 11 countries are expected to approve within the year. Meaning RCEP will come into effect by next year. India has chosen not to join, and Taiwan isn't included.

USMCA is originally Clinton's NAFTA but renamed by Trump. Did you notice, China GDP alone is just a Thailand away from EU. China this year of growth will worth approx an Indonesia. Which means by end of this year 2021, China GDP will probably close the gap with EU.