Trump walks away from the bargaining table and that leaves China to hammer out a multinational deal. We have no voice at that table.
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With the Trans-Pacific Partnership (TPP) having been dumped by new United States President Donald Trump on his first week in office, the question remains as to whether the remaining signatories will attempt to push through the deal by themselves or with China's aid -- or whether they will instead use a Chinese-led deal.
Even if the TPP does not move forward, at least half of the nations involved have said they will instead consider Chinese-led multilateral trade deals, such as the Regional Comprehensive Economic Partnership (RCEP), which China is negotiating with Australia, India, Japan, South Korea, New Zealand, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
http://www.zdnet.com/article/tpp-with-trump-out-is-china-in/
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With the Trans-Pacific Partnership (TPP) having been dumped by new United States President Donald Trump on his first week in office, the question remains as to whether the remaining signatories will attempt to push through the deal by themselves or with China's aid -- or whether they will instead use a Chinese-led deal.
Even if the TPP does not move forward, at least half of the nations involved have said they will instead consider Chinese-led multilateral trade deals, such as the Regional Comprehensive Economic Partnership (RCEP), which China is negotiating with Australia, India, Japan, South Korea, New Zealand, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
http://www.zdnet.com/article/tpp-with-trump-out-is-china-in/