ASIAPEDIA

Q&A

What is the Trans-Pacific Partnership (TPP) and how will it affect China?

Return to search

Infographics

What is the Trans-Pacific Partnership (TPP) and how will it affect China?

Posted On November 2015

The partnership initially began as the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP) in 2005 which was signed off by Brunei, Chile, New Zealand and Singapore. In addition, Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States and Vietnam also joined the partnership in 2008 which brought the number of participating countries to 12. The initial idea of the partnership was free trade, however, China seems to be having a hard time facing domestic market competition even before moving on to the next step. It will be necessary for China to break up its own State Owned Enterprises to fully enjoy market access to other potential partners.

Get in touch

We provide expert advisory and corporate services across Asia, guiding businesses through complex markets and regulations.

Have Any Questions?

Reach out to our local experts, we’ll respond within one business day.

captcha image

It appears that you have recently submitted an inquiry on this topic. Would you like to
replace your previous submission with this one?