China’s President Xi shows willingness to join TPP, aiming to lead U.S. withdrawal, November 21 at 4:47 a.m.
Chinese President Xi Jinping expressed his willingness to participate in the TPP-Pacific Partnership Agreement at a summit meeting of the APEC-Asia-Pacific Economic Cooperation Conference held on Thursday night. By expressing a positive attitude toward the participation in the TPP, which the United States has left, it seems that the aim is to lead the framework of free trade in the region.
According to China’s Ministry of Foreign Affairs, President Xi Jinping, speaking at an online APEC summit on the evening of The 20th, said, “The world and the Asia-Pacific region are in a period of great change, accelerating the spread of the new coronavirus.
The global economy is sluggish, economic globalization is exposed to headwinds, and isolationism and protectionism are emerging.”
On top of that, he said, “We must promote free and open trade and investment and build a free trade zone in the Asia-Pacific region at an early stage. China welcomes the signing of a regional comprehensive economic partnership centered on RCEP and East Asia, and will actively consider joining the TPP,” he said, expressing his willingness to participate in the TPP, which is a member of Japan, Australia, Canada and other countries.
China has shown a positive attitude toward creating a framework for free trade in Asia as the conflict with the United States deepens, and on the 15th of this month, it has increased its presence by agreeing with its own RCEP.
This is the first time President Xi has expressed a positive attitude toward participating in the TPP, which the United States has left, and is those aimed at leading the framework of free trade in the Asia-Pacific region.
Foreign Ministry official “There are many ways to see if China can meet the high standards of the TPP”
On China’s President Xi Jinping’s willingness to participate in the Trans-Pacific Partnership (TPP), a senior Foreign Ministry official said, “The TPP is open to countries and regions that meet the high standards of the TPP, such as tariffs and trade rules. However, there are many ways to see if China can meet all the criteria.”