China Daily Global Edition (USA)

Will China join TPP is not the question

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Some people are still debating whether China would join the Trans-Pacific Partnershi­p agreement despite the ForeignMin­istry recently making it clear that Beijing has not changed its stance on the TPP even after the United States’ withdrawal from the economic grouping.

The two main impression­s the Chinese people have about the TPP are: It is the previous US administra­tion’s design to “contain” China, and the US President Donald Trump believes it would be drain on the US economy and therefore has “abandoned” it. And that the TPP could be an economic burden on China, if were to join it, is precisely why many Chinese people are worried; some even believe that by joining the TPP, China could fall into the “trap” of US diplomatic strategy.

While negotiatin­g economic arrangemen­ts such as the Regional Comprehens­ive Economic Partnershi­p and the Free Trade Area of the Asia-Pacific, China has been promoting inclusive growth in the Asia-Pacific region. So it is possible that China will cooperate with the TPP for that purpose, but that does not mean it might join the economic bloc.

Of course, there is a possibilit­y of coordinati­on between the RCEP and the TPP. As the two main cooperativ­e arrangemen­ts in the Asia-Pacific, the RCEP and the TPP are not at odds with each other. Several signatory countries to the TPP, including Japan, Australia and Singapore, also support the RCEP. It shows the two arrangemen­ts are not zero-sum games.

Besides, the RCEP and the TPP both aim to promote economic and trade cooperatio­n in the AsiaPacifi­c, though their rules and access conditions are different. If they are opposed to each other, the result would be economic disintegra­tion in the Asia-Pacific, which would not be beneficial to any of the parties.

As the largest trade partner of many countries and regions in the Asia-Pacific, China is rather influentia­l in the region and one cannot imagine any cooperativ­e economic or trade arrangemen­t without China. Therefore, many of the countries and regions in the Asia-Pacific prefer not to choose between the TPP and the RCEP; all they want is to avoid being isolated or excluded from the future economic groupings.

That is in accordance withChina’s call for openness and inclusiven­ess. By promoting theRCEP, China does not intend to build a closed economic circle; instead, it has an open attitude toward TPP members and welcomes them to participat­e in theRCEPand FTAAP.

But since theTPP’s earlier leadership excludedCh­ina from its plans, Beijing lacks adetailed understand­ing ofTPPregul­ationsandi­tsmembers’ interests. AndChina needs to better understand other economies’ interestsa­ndprimary concerns, in order to get their support todevelop amoreinclu­siveAsia-Pacific cooperatio­n arrangemen­t.

Still, the chance ofChina joining, let alone leading theTPP, is small, becausesom­eof the rules are not in accordance with its interests. But China is ready to hear outTPP membercoun­tries’ concerns to help pave theway foranearly agreement onfree trade in theAsia-Pacific.

But China is ready to hear out TPP member countries’ concerns to help pave the way for an early agreement on free trade in the Asia-Pacific.

The author is secretary-general at the Center of Internatio­nal Security Studies, China Foreign Affairs University.

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