China Applies to Join CPTPP Trade Deal

China is actively seeking to join various trade agreements, including the CP TPP, to expand its trade influence and exclude the US from economic control in Asia. However, China's entry into the CP TPP faces significant challenges, including the need for unanimous approval from current members and existing tensions with countries like Australia, Canada, and Japan. Additionally, China must address economic and policy issues such as state subsidies and labor conditions to meet CP TPP requirements.

What is one of China's main goals in joining the CP TPP?

• To enhance its trade capabilities and exclude US influence

• To increase its military presence in Asia

• To form a political alliance with ASEAN

• To reduce its dependency on European markets

Why is China's membership in the CP TPP uncertain?

• China has already been accepted by all members

• The US has veto power over new members

• China has not applied for membership

• Unanimous consent from all current members is required

Which countries have expressed concerns about China's entry into the CP TPP?

• Australia, Canada, and Japan

• Brazil, Mexico, and Argentina

• India, South Korea, and Vietnam

• Russia, Indonesia, and Thailand

What is one of the economic challenges China faces in meeting CP TPP requirements?

• Reducing its military budget

• Improving its educational system

• Addressing state subsidies and state-owned enterprises

• Increasing its population growth rate

What domestic policy changes might China need to make to join the CP TPP?

• Decrease its agricultural exports

• Enhance labor conditions and reduce state control

• Increase tariffs on imports

• Expand its nuclear energy program