Freeman Briefing: The Trans-Pacific Partnership and China's Corresponding Strategies
June 20, 2012
The Trans-Pacific Partnership (TPP) is a multilateral free trade agreement (FTA), which aims to liberalize the economies of the Asia-Pacific region. The rapid movement of the TPP agenda has caused China some disquiet. China is actively promoting the regional economic integration of East Asia, which depends heavily on external neighboring economies, and the TPP agenda is considered by many Chinese policy makers and scholars as a centrifugal force arising to rip asunder the regional economic integration of East Asia. Moreover, there is also a strong voice in Chinese academic and policy circles which maintains that the main reason behind the Obama Administration’s support for the TPP agenda is the US’s desire to use the TPP as a tool to economically contain China’s rise.
Given the high financial, economic and security stakes of the TPP negotiations, this briefing aims to: clarify whether the TPP is in fact an agenda pushed by the US to economically contain China’s rise, evaluate how the TPP agreement will affect China in the future, articulate the possible strategies the Chinese government will employ with regards to the rapid movement of the TPP agenda, and discuss whether China’s corresponding strategies will be effective and how these strategies will impact the world trade system in the long run.