5 days earlier, 15 countries in the Asia-Pacific, consisting of China and all members of the Association of Southeast Asian Countries (ASEAN), signed the Regional Comprehensive Economic Partnership (RCEP) Agreement. We wrote that the trade offer was a win for China, even if primarily symbolic– the setting of international trading standards without the U.S. at the table is a big offer.
China is now thinking about signing up with another trade deal, the Comprehensive and Progressive Arrangement for Trans-Pacific Collaboration ( CPTPP).
- Chinese leader Xí Jìnpíng 习近平 addressed the APEC Economic Leaders’ Satisfying today, and his speech is included at the top of the Xinhua homepage in both English and Chinese It is likewise the leading story on the front page of today’s Individuals’s Daily( in Chinese).
- China will “positively consider” signing up with CPTP