China's TPP ambition should be viewed with caution

Members must avoid sacrificing standards to expand pact

1201Xi.jpg

Chinese President Xi Jinping speaks at a CEO forum via video link ahead of the APEC leaders' summit on Nov. 19.  © Reuters

At the recent Asia-Pacific Economic Cooperation leaders' summit, Chinese President Xi Jinping said that Beijing would consider joining the Trans-Pacific Partnership trade agreement. Foreign Minister Wang Yi, who recently visited Japan, further explained China's position after Xi's remarks.

Chinese leaders seem intent on gaining the upper hand in the contest for leadership in the Asia-Pacific before the change in administrations in the U.S. But can China meet the requirements to join the TPP? The 11 member countries should be cautious.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.