CPTPP another unmistakable sign Washington barking up wrong tree
China Daily | Updated: 2019-01-03 07:24
THE COMPREHENSIVE PROGRESSIVE Trans-Pacific Partnership Agreement (CPTPP) went into effect on Sunday. Beijing Youth Daily comments:
After the United States withdrew from the Trans-Pacific Partnership Agreement, Japan inherited the desire to advance the regional trade pact and successfully developed it into the CPTPP, which has 11 members that together account for 13 percent of the global economy and 500 million people.
So far the legislatures of seven countries - Australia, Canada, Japan, Mexico, New Zealand, Singapore and Vietnam - have ratified the agreement. And it will only be a matter of time before the legislatures of the other four signatories - Brunei, Chile, Malaysia and Peru - follow suit.
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