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Trade

Taiwan submits bid to join CPTPP trade pact

Bloc members now face choice of supporting Beijing or Taipei

Taiwan's President Tsai Ing-wen: Taiwan has already been discussing CPTPP membership informally with the trade bloc's existing members.   © Reuters
YU NAKAMURA, TOMOHIRO EBUCHI and SATSUKI KANEKO, Nikkei staff writer | Taiwan

TAIPEI/TOKYO -- Taiwan announced Thursday that it has submitted an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the cabinet said late Wednesday, in a move expected to trigger opposition from China.

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