国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

TPP doomed from the start

China Daily | Updated: 2016-11-24 07:31

TPP doomed from the start

Trade ministers of the United States and 11 other Pacific Rim countries attend a press conference after negotiating the Trans-Pacific Partnership (TPP) trade agreement in Atlanta, the United States, on Oct. 5, 2015. [Photo/Xinhua]

Many Chinese commentators couldn't hide their elation at the announcement by US President-elect Donald Trump that the very first executive action his administration would take is to withdraw from the Trans-Pacific Partnership Agreement, or TPP.

After all, it was seen as a downright insult that an alleged pan-Pacific business deal could exclude China, one of the largest global trading powers and perhaps today's greatest contributor to the overall economic growth of the world.

And the TPP is more of a political weapon than a real business deal, as the Barack Obama administration openly announced, it is intended to prevent China from writing future trade rules.

But Chinese companies should not thank Trump for abandoning the TPP because they are not part of the game, they should thank Obama for having not included their country into it in the first place, and for having prevented them from laboring to adapt to the rules that would only be overturned later.

The TPP was an excessively complex structure trying to include many things that are yet to be fully defined. Encumbering a trade arrangement with too many politics isn't the right way to do business.

Trade shouldn't be used as a weapon against an open and versatile trading nation either.

At the same time, it must be pointed out that the game in which China is allegedly writing rules, the Regional Comprehensive Economic Partnership or RCEP, was actually launched by the Association of Southeast Asian Nations. It was not of China's design that the United States is not part of it. Nor has China said it wants to close the door on the US.

China has had enough experience to understand, that would be highly impractical.

Moreover, China has recently expressed willingness to join the US in a free trade agreement covering all Asia-Pacific nations, the Free Trade Area of the Asia-Pacific, which would bring about an integrated Asia-Pacific economy with greater openness.

So long as it is meant to be genuine real trade, China is happy to write the rules with all its partners.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
建始县| 西安市| 库车县| 读书| 双江| 泾源县| 疏勒县| 碌曲县| 马尔康县| 南宫市| 临猗县| 文安县| 辽源市| 深水埗区| 玛沁县| 攀枝花市| 开江县| 万载县| 法库县| 镶黄旗| 罗甸县| 余江县| 尼勒克县| 钦州市| 闻喜县| 沙田区| 遂川县| 于田县| 明溪县| 定边县| 安图县| 桂林市| 宝鸡市| 大洼县| 沧州市| 兴隆县| 淅川县| 青河县| 海盐县| 苍梧县| 泾阳县|