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The Tpp and China

In: Business and Management

Submitted By yixiaoliang112
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sETON HAL UNIVERSITY | The TPP and China | Global Business Environment | Richard J. Hunter | Yixiao Liang | 2016/4/5 |

On October 5, 2015 (Participating nations aimed at completing negotiations in 2012, but contentious issues such as agriculture, intellectual property, and services and investments prolonged negotiations. They finally reached agreement on October 5, 2015), the United States, Japan and ten other countries concluded negotiations on the Trans-Pacific Partnership (TPP). It is the largest regional trade accord in history and one that does not include China-----the TPP is the centerpiece of the U.S “rebalance” to the Asia-Pacific, and its twelve members account for 35 percent of global trade. China appears to currently have enough international economic negotiations on the table to keep it occupied, and it is unlikely that it is really concerned about the TPP.
A No China Club
China was invited to join the TPP by Hillary Clinton in 2012. While China has long stated that it is willing to consider joining the Trans-Pacific Partnership (TPP), the world’s second-biggest economy was not included in the agreement.
From its inception, some have speculated that China would not join the bloc because it is a “high standards agreement,” even speculating that this was put in place to lock China out of the agreement. It is also assumed that the TPP have used specific rules and guidelines to prevent China's involvement, presumably due to its negative impact on the WTO and that the TPP has been considered by many as a strategic instrument to isolate or contain China. Given the country’s ambitions, its leaders are understandably concerned about the concerted effort by the U.S. and other Asia-Pacific countries to curtail its economic growth and geopolitical influence.
Now, the geopolitical picture is clear. Linking Japan, Brunei, Malaysia, Singapore, Vietnam,

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