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China Daily Website

Chinese factories to face strong headwinds from enlarged TPP

Updated: 2013-04-25 05:40
By Yu Ran in Shanghai ( China Daily)

Chinese manufacturers are bracing for stronger competition from Southeast Asian production bases that are expected to benefit from a free trade agreement involving the United States and Japan.

The US has invited Japan and some Southeast Asian countries to join the Trans-Pacific Partnership Agreement, which embraces 11 countries, including Chile, Mexico, Australia and Vietnam.

Japan is expected to begin negotiations to join the TPP in late July.

Chinese factories to face strong headwinds from enlarged TPP

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