Why China doesn’t mind being left out of the Trans-Pacific Partnership

By Allison Jackson, GlobalPost

Recalling the TTP as the largest international trade agreement so far in history, it appears that China has been left out intentionally, some believe. Some others say such move has to do with politics and economic influence more than anything else, and this decision does not take full advantage of the potential that this country can offer into this agreement. Why isn’t China concerned? There are other ways the Giant Asian is ruling its influence in the world economy. Besides already having free trade agreement with more than half of the countries in the TPP, China is currently dealing with its own TPP with 15 other countries in the Asian region. Additionally, China has many other ways to circumvent tariffs with its ubiquitous supply chain. What could have been an attempt to lower its economy, ended up being nothing more than a small scratch.

Original article: http://www.usatoday.com/story/news/world/2015/10/09/why-china-doesnt-mind-being-left-out-trans-pacific-partnership/73640192/

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