Negotiations for the Trans-Pacific Partnership (TPP) Agreement have concluded, but the TPP still must be ratified by each of the 12 member countries. China is the world's second largest economy and yet it has not j...Negotiations for the Trans-Pacific Partnership (TPP) Agreement have concluded, but the TPP still must be ratified by each of the 12 member countries. China is the world's second largest economy and yet it has not joined the TPP. This has provoked much debate in China as to the best strategic approach to the TPP This paper analyzes China's possible strategy for the TPP agreement. We make three key points. First, the security of market access should be China's main concern in any free-trade agreement negotiations, regrettably, it is not included in TPP. The second point is that the present TPP agreement is somewhat diminished from its ambitious original claims. We suggest four strategies for China. The first is to promote the development of China's remaining regional and bilateral free trade agreements (FTAs). The second is to negotiate a bilateral FTA with the United States. The third is to promote deep domestic reforms via enlarged TPP coverage. The last is negotiating entrance to the entering do not worsen. TPP as soon as possible so that terms of展开更多
文摘Negotiations for the Trans-Pacific Partnership (TPP) Agreement have concluded, but the TPP still must be ratified by each of the 12 member countries. China is the world's second largest economy and yet it has not joined the TPP. This has provoked much debate in China as to the best strategic approach to the TPP This paper analyzes China's possible strategy for the TPP agreement. We make three key points. First, the security of market access should be China's main concern in any free-trade agreement negotiations, regrettably, it is not included in TPP. The second point is that the present TPP agreement is somewhat diminished from its ambitious original claims. We suggest four strategies for China. The first is to promote the development of China's remaining regional and bilateral free trade agreements (FTAs). The second is to negotiate a bilateral FTA with the United States. The third is to promote deep domestic reforms via enlarged TPP coverage. The last is negotiating entrance to the entering do not worsen. TPP as soon as possible so that terms of