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Politics

China's and Taiwan's dueling bids spell big opportunity for CPTPP

By luring back U.S., bloc could deal from position of multilateral strength

Chinese President Xi Jinping, Taiwanese President Tsai Ing-wen and U.S. President Joe Biden. (Source photos by Reuters)

BANGKOK -- China's and Taiwan's applications to participate in the Trans-Pacific Partnership agreement -- which came six days apart in September -- stirred up waves in the Taiwan Strait and sent ripples across much wider oceans.

Beijing, which insists Taiwan is a part of "one China," is "absolutely opposed to any country officially engaging in talks with Taiwan," Chinese Foreign Ministry spokesman Zhao Lijian said.

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