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Trade

China officially applies to join CPTPP trade pact

Bid comes day after U.S., U.K. and Australia announce new defense partnership

Representatives of Comprehensive and Progressive Agreement for Trans-Pacific Partnership member countries take part in a news conference in Santiago, Chile, in 2019.   © Reuters

BEIJING -- China has formally moved to join a Pacific trade pact involving Japan, Australia, Malaysia and other regional economies, the Chinese Ministry of Commerce said Thursday.

Beijing seeks to join the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), formerly called the Trans-Pacific Partnership. Chinese Commerce Minister Wang Wentao presented China's application to New Zealand counterpart Damien O'Connor and discussed the upcoming process by telephone. Documents were submitted to support the application.

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