CPTPP members must be wary of China's attempt to join trade pact


Source: newslookup.com newslookup.com

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Kristen Hopewell is the Canada research chair in global policy at the University of British Columbia and the author of "Clash of Powers: US-China Rivalry in Global Trade Governance." China announced last month that it had officially applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), one of the world's mega-regional trade agreements. Its 11 existing members -- Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam -- must now decide whether to admit China. Singapore and Malaysia have already signaled their support for China's membership bid. However, given Beijing's disregard for global...