An article in Economy (January 8, 2016) titled “AmCham suggests Hong Kong join Trans-Pacific Partnership” (http://www.scmp.com/news/hong-kong/economy/article/1899098/amcham-suggests-hong-kong-join-trans-pacific-partnership) describes the invitation that the American Chamber of Commerce extended to Hong Kong to join the Trans-Pacific Partnership. The chamber’s submission includes recommendations on 10 policy areas encouraging the Hong Kong-China relations. The chamber suggests the city ranked as the freest economy to consider joining the TPP as a non-sovereign party or as an observer, and to explore the potential of matching trading services and goods. It has also being recommended that the government be cautious of over-regulation that may hinder the city’s open and free market economy. What will be the main benefits and tradeoffs if Hong Kong joins the TPP?