LINE

    Text:AAAPrint
    Politics

    China's participation in Chile meeting intended for free trade, not TPP

    1
    2017-03-14 13:20Xinhua Editor: Gu Liping ECNS App Download

    China's participation in a meeting among countries signed up for the Trans-Pacific Partnership (TPP) and South Korea shows its resolve to promote free trade, especially at a time of sluggish global economic recovery coupled with growing protectionism.

    The meeting, scheduled for Tuesday and Wednesday in the coastal Chilean town of Vina del Mar, is the first such gathering after U.S. President Donald Trump pulled Washington out of the 12-Pacific-rim-nation free trade deal in January.

    China's decision to attend the meeting has stirred widespread speculation that Beijing is trying to take over what the United States has aborted and save the TPP from bankruptcy.

    In fact, those who think that China attends the meeting to fill the geopolitical vacuum left over by the United States and to contend for spheres of influence have made a parochial misinterpretation of China's intention.

    China always upholds the spirit of free trade that embraces openness, inclusiveness and mutual benefits. It happens that the TPP is short of these features.

    Boosting free trade in the Asia-Pacific has never been part of the DNA of the TPP, which had become a self-serving trade deal in the rein of the Obama administration.

    The moment when the Obama administration decided to exclude China, the world's second largest economy and a leading trading nation, from such a gigantic trade agreement has revealed that then U.S. President Barack Obama cared little about boosting free trade through the TPP.

    What was truly on Obama's mind was to monopolize the rights to dictate trade rules in the region for U.S. supremacy, and to accommodate his signature re-balancing to Asia policy, a strategy designed to contain China.

    In stark contrast, China has been making unremitting efforts to promote an inclusive regional trade arrangement and to contribute to regional integration.

    For that end, Beijing has been a strong advocate for negotiations on the Regional Comprehensive Economic Partnership (RCEP), a 16-member trade deal in the region, as well as the Free Trade Area of the Asia-Pacific (FTAAP).

    These all-inclusive trade pacts would reduce the fragmentation caused by many of the region's separate and non-inclusive free trade agreements, including the TPP.

    The efforts by Beijing, as well as its attendance of the Chile meeting, have suggested that what China is interested in is just to work with other countries in the region and the wider world to paddle the slow global economic growth faster.

    In that endeavor, the world will find China a trustworthy partner.

     

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 太仆寺旗| 丰城市| 民权县| 喀喇| 永昌县| 杭锦旗| 横山县| 安陆市| 博白县| 尼木县| 泾川县| 新建县| 怀仁县| 灵璧县| 诸城市| 北流市| 长葛市| 师宗县| 潼关县| 桐梓县| 浠水县| 长泰县| 巴彦县| 海晏县| 资源县| 伊春市| 安西县| 广德县| 中西区| 资溪县| 岗巴县| 厦门市| 绥阳县| 大丰市| 会同县| 恭城| 如皋市| 宁强县| 尉犁县| 迁西县| 镇江市|