www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / View

TPP demise prompting a global pivot

By Harvey Morris | China Daily Europe | Updated: 2016-11-20 09:10

Many nations will decide there's no point moving ahead with trade pact in the absence of the United States

US President Barack Obama's landmark Trans-Pacific Partnership was already on life support before his successor, Donald Trump, promised American voters worried by the impact of globalization that he would kill it and bury it.

Now that the Republican-dominated Congress has announced it will not discuss ratification of the TPP during the remainder of Obama's term, all that is left for the outging president to do is read the funeral oration for the proposed Pacific Rim trade pact that had been the keystone of his administration's so-called "pivot to Asia".

That may come when Obama joins other regional leaders for an Asia-Pacific Economic Cooperation summit in Lima, Peru.

The demise of the TPP, which was to group 12 regional states in a wide-ranging, US-led trade alliance, offers an opportunity for China to assume leadership of an alternative free trade area.

President Xi Jinping, who was to be in Lima for the Nov 19-20 APEC Economic Leaders' Meeting, was widely expected to press for a Pacific partnership that, unlike TPP, would include both China and Russia.

Obama's sponsorship of the TPP had been viewed by Beijing as a potentially hostile attempt to write the trade rules for the benefit of the United States in the face of China's growing economic might.

As things have turned out, the US administration's failure to secure domestic support for the deal is likely to leave it marginalized in future regional trade agreements.

Trump's hostility to the TPP, which he described during his election campaign as a disaster "pushed by special interests who want to rape our country", won the backing of voters in traditionally industrial states who blame foreign competition, particularly from China, for job losses.

In an otherwise divisive campaign, it was a theme that united the candidates. Hillary Clinton went cool on a pact that she had previously supported, while her Democratic rival, Bernie Sanders, echoed Trump's view that it was disastrous.

The potential US partners in the TPP will almost certainly decide that there is no point moving ahead with the trade pact in the absence of what would have been its most powerful partner. Peru's President Pedro Pablo Kuczynski, the host, has said of the moribund pact: "It can be replaced with a similar deal, but without the United States."

Speaking to Russia Today, he said: "I think it would be best to have an Asia-Pacific deal that includes China, and includes Russia as well."

That alternative is likely to come in the context of negotiations on the Regional Comprehensive Economic Partnership. Talks on the RCEP, a mega grouping that could embrace almost half the world's population, were launched four years ago.

As the results of the US election came through, Australian Foreign Minister Julie Bishop reflected: "We see TPP as an important economic manifestation of the United States' presence in our region. Should it not go ahead, then the vacuum that would be created is most likely to be filled by RCEP."

Raul Salazar, a senior Peruvian trade official, told China's Xinhua in November: "China has contributed largely to pushing the idea of a free-trade area. Peru holds the position that we need an Asia-Pacific free-trade area."

What might be termed the "pivot to China" became apparent as a result of the uncertainties over trade prompted by the US political campaign. Rodrigo Duterte, president of the Philippines, for example, said during a visit to Beijing in October that he would reduce long-standing ties with the US in favor of better relations with China.

With the US on the retreat, and with a protectionist president heading for the White House, the way appears open for China to take the lead toward a proposed Free Trade Area of the Asia Pacific that Beijing has long championed as a rival and an alternative to the US-dominated TPP.

The writer is a senior editorial consultant for China Daily UK.

 

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 精品国产一区二区二三区在线观看 | 美女视频一区二区三区在线 | 国产午夜精品理论片久久影视 | a级片免费观看 | 成人精品视频在线观看 | 欧美国产91 | 亚洲成a人片 | 久久久久久久综合色一本 | 欧美日韩一区二区三区高清不卡 | 色天使影院 | 欧美一级网站 | 亚洲天堂色视频 | 欧美中文字幕一区 | 成人在线欧美 | 国产91久久精品一区二区 | 亚洲一区 中文字幕 久久 | 亚洲欧美国产高清va在线播放 | 精品欧美日韩一区二区 | 在线成人毛片 | 国产亚洲精品自在线观看 | 欧美午夜三级我不卡在线观看 | 男人天堂中文字幕 | 亚洲不卡影院 | 狠狠色噜狠狠狠狠色综合久 | 成人精品| 欧美特黄特色aaa大片免费看 | 2022国产精品自拍 | 久久久久国产一级毛片高清板 | 中文字幕天堂久久精品 | 亚洲国产99在线精品一区二区 | 亚洲欧美综合网 | 一本色道久久88亚洲综合 | 欧美老头老太做爰xxxx | 大尺度福利视频奶水在线 | 久久高清精品 | 午夜免费福利网站 | 在线免费观看一区二区三区 | 国产成人一区二区三中文 | 久久无码精品一区二区三区 | 一级毛片韩国 | 国产成人18黄网站在线观看网站 |