‘Not tolerated’: Japan opposes China joining regional trade pact

Source: afr.com afr.com

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“The CPTPP is a strategically important framework that contributes to the establishment of a free and fair economic order, and it is important to maintain the spirit and principle that economic coercion and unfair trade practices will not be tolerated,” a spokesman for Japan’s Ministry of Foreign Affairs told The Australian Financial Review. It is understood no timetable has been set to formally decide whether to consider China’s application, which would require consensus approval from all 12 members including Australia, but the next steps were being discussed. The United Kingdom joined the CPTPP in August just over two years after...