Joining the pact is a smart move for Beijing, but will it abide by the rules?
President Xi Jinping said Thursday that China is open to negotiations on industrial subsidies and state-owned enterprises in order to be accepted into the CPTPP.
Analysts and trade experts weigh in on China’s bid to join yet another economic pact that could draw interest on a global scale
Momentum is building for the United States to pursue a plurilateral digital trade agreement (or possibly a series of bilateral agreements) with trading partners in the Indo-Pacific region.
China will apply to join the Digital Economy Partnership Agreement to strengthen international cooperation on digital regulation, President Xi Jinping said.
The AfCFTA Secretariat and the Ministry of Commerce of China agreed to establish an Expert Group to collaborate in areas such as experience-sharing on intellectual property rights, digital trade, competition policy, and others.
The world’s largest meat importing nation recently submitted a formal application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and it continues to draw a lot of attention.
Leaders of China and Brunei called for bringing the Regional Comprehensive Economic Partnership (RCEP) into force at an early date.
China has taken a step toward easing rules that all but bar foreign companies from lucrative government procurement deals as the world’s second-largest economy seeks to join a Pacific Rim trade deal.
For now, New Zealand’s free trade deal with the UK might be about building back butter - but it could end up being more about Beijing.
The Cambodia-China Free Trade Agreement (CCFTA) has been signed, trading appreciably more agricultural wares will not be possible without first tackling some of the remaining non-tariff barriers, especially those concerning sanitary and phytosanitary (SPS) rules.
Until Beijing demonstrates a credible commitment to abiding by the rules and ceases to use its economic might as a tool of coercion against other states, allowing it to join the CPTPP would be a serious mistake.
The European Union must deepen ties with Taiwan and start work on an investment deal with the island, EU lawmakers said in a resolution adopted, angering Beijing, whose similar deal with the EU struck in 2020 has been put on ice.
Singapore has welcomed China’s application to join the CPTPP trade agreement, the Chinese Foreign Ministry said.
A Taiwan official has asked Australia to support its bid to join the CPTPP pan-Pacific trade pact, which China opposes, saying Taiwan can boost high technology trade flows and demand for Australian minerals.
They reviewed the implementation of the phase one deal and agreed that the two sides would "consult on certain outstanding issues," the USTR office said.
Ecuador is aiming to negotiate trade deals with China, Russia and South Korea in the next four years, the Andean nation’s Production and International Trade Minister said, adding that closing a deal with the United States is a priority.
If Taiwan becomes a member first, China will find itself in the miserable position of having to beg for Taiwan’s consent to join the TPP.
Chinese Taipei is the latest of three countries seeking to join the CPTPP – the Comprehensive and Progressive Agreement for Trans Pacific Partnership.
When it comes to their position on the applications, CPTPP members are divided. The CPTPP operates on unanimous consent, so if even one country is against an application, membership will not be granted.