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

20211014 Asia analysis

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

TORU TAKAHASHI, Editor-in-Chief, Editorial Headquarters for Asia

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.

Sponsored Content

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