Though China is notably absent from its list of signatories, officials in Beijing have hesitantly embraced Monday’s ratification of the Trans-Pacific Partnership (TPP), a historical trade deal that will link 40% of the global economy, the BBC reported. “China hopes the TPP pact and other free trade arrangements in the region can boost each other and contribute to the Asia-Pacific’s trade, investment and economic growth,” China’s Ministry of Commerce said in a statement on Tuesday cited by China’s state-run Xinhua News Agency. The TPP, finally approved in Atlanta on Monday after some seven years of negotiations, has been called the largest regional trade agreement in history.
Comment on China Expresses Hesitant Support for the Trans-Pacific Partnership
Nash Jenkins, Time: Business
Tue, 10/06/2015 - 1:35am
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