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US economic hegemony against world reality

By Editorial | China Daily | Updated: 2016-05-05 07:56

Who should make the rules of trade for the Asia-Pacific, or indeed the entire world?

US President Barack Obama said on Monday in a written piece published in The Washington Post, "America should write the rules. America should call the shots."

He said that the rules of trade in the Asia-Pacific must be written by the United States, not China. He also criticized the Regional Comprehensive Economic Partnership which China is negotiating with the Association of Southeast Asian Nations and some other Asian countries as not following "American interests" the way the Trans-Pacific Partnership does.

US economic hegemony against world reality

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