Gala 2024
What should we make of China’s CPTPP bid?
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More than four years after the United States pulled out of the Trans-Pacific Partnership, which eventually became the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), China has applied to join. Is the bid sincere or viable? In today’s episode, Jeffrey Schott, senior fellow at the Peterson Institute for International Economics, discusses what China’s bid means for the future of the trade pact and for US engagement in the Asia Pacific.
Further reading:
What’s Next for the Trans-Pacific Partnership (TPP)?
Joining the CPTPP is a long process and needs consensus among existing members
