China applies to join Pacific Rim trade pact


Source: argusmedia.com argusmedia.com

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Argus Website Welcome, Guest | Log In Singapore, 17 September (Argus) — China has formally applied to join a major Pacific Rim trade agreement that was once pushed by the US as a way to extend its influence in the region at Beijing's expense. China made an official application to join the Comprehensive and Progressive Agreement for the Transpacific Partnership (CPTPP) yesterday, the commerce ministry said. The 11-nation pact has so far been ratified by eight members, most recently Peru. The other members comprise Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Singapore and Vietnam, while the UK has...