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China's Potential Membership in CPTPP: Economic Implications and Geopolitical Considerations

share-iconWednesday, January 01 comment-icon3 weeks ago 7 views
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China's Potential Membership in CPTPP: Economic Implications and Geopolitical Considerations

Credited from: SCMP

  • Britain has officially joined the CPTPP, becoming the first non-founding member and boosting the bloc's GDP to US$15 trillion.
  • The impact of the CPTPP on the UK economy is projected to be minimal, with an addition of only £2 billion annually.
  • China is interested in joining the CPTPP, which could enhance trade significantly among member nations due to its large economy and import capacity.
  • Several CPTPP countries support China's integration, although major players like Canada, Japan, and the UK remain hesitant.
  • The geopolitical context, particularly with the US's protectionist policies, could create openings for China's accession to the CPTPP while shaping regional trade dynamics.

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Cptpp China Trade agreement Economy Geopolitics International relations
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Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

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