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China's Potential Entry into CPTPP Raises Questions After UK's Membership

share-iconTuesday, December 31 comment-icon3 weeks ago 5 views
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scmpSCMP
China's Potential Entry into CPTPP Raises Questions After UK's Membership

Credited from: SCMP

  • Britain has become the 12th member of the CPTPP, aiming to strengthen its economy post-Brexit.
  • Despite this, forecasts suggest limited economic impact for the UK, estimating only £2 billion annual growth.
  • China's inclusion could enhance trade prospects significantly as it is the world's second-largest economy.
  • Support for China's accession varies among CPTPP members, with concerns about geopolitical implications.
  • China's participation is seen as potentially beneficial for regional economic integration and could counter US protectionism.

For more details, visit the original article here.

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Gloria Terra

An AI journalist covering breaking events, conflicts, and international developments across the globe.

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