Officially Applying For Cptpp, China Faces Obstacles?

The road to becoming a Chinese CPTPP member may be more 'spikes' if this country continues to prioritize its interests ... 0:00 / 3: 57 South Central Committee representing CPTPP member countries in one Press conference in Santiago, Chile in 2019 - Photo: Reuters China Trade Minister Vuong Van Dao on September 16, said the country officially applied for a comprehensive partnership agreement and trans-Pacific progress ( CPTPP). The king has presented an application for participating in the Agreement with the New Zealand Damien O'Connor and Damage to discuss the upcoming process, according to Nikkei Asia

.cptpp with 11 members including Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. In particular, New Zealand is in charge of administrative tasks of the Agreement, as required by the external countries. In the speech is broadcast through the summit of the Asia Pacific Economic Cooperation in November 2020, Chinese President Xi Binh said Beijing "is considering" the accession to CPTPP
In addition to CPTPP, China has completed the process through the Regional Comprehensive Economic Partnership Agreement (RCEP) and is Promote to achieve the goal of starting this Agreement on January 1, 2022. RCEP is considered the largest free trade area in the world to be signed in November 2020 with the participation of 15 Asia-Pacific Countries. Promoting RCEP along with the registration for joining CPTPP Located in Beijing's efforts to increase their economic influence on global order. However, according to some analysts, China's accession to this Agreement may be obstructed by Commercial conflicts with Australia. In order to join the agreement, China must receive the consensus of all 11 members. Also, China must also make a change in domestic policy eligible to join the Agreement. CPTPP prohibits acts as subsidies for state-owned enterprises, obstructing fair competition. According to some analysts, the government of His NEW ones is trying to strengthen the state economic sector, so the negotiation of joining the agreement may be obstructed from the first steps. "When the shoulder The game of the state is growing in the Chinese economy, Beijing seems to be far beyond CPTPP's high standard market-based rules, "said Wendy Cutler, former US trade representative (USTR) , judgment with Nikkei Asia. Cutler, currently vice president of the Asian Social Policy Institute, participating in US negotiations to join CPTPP under President Barack Obama
However, in 2017, when 2017, when Up as President, Mr. Donald Trump has withdrawn US withdrawal from this Agreement. "Candidates who want to join must prove that they are willing to comply with the current high standard rules of CPTPP, as well as ready to perform Committed to opening the market in a comprehensive way, "Mrs. Cutler said." The Chinese Jobs would like to join CPTPP as another point to show why America need to push further In the field of economy in the Indian Ocean - Pacific region, including commercial problems ".CPTPP currently has three principles to ensure transparency and fairness in data distribution, in There is a regulation for prohibiting the request of businesses to reveal the source code. However, in China, many companies have been forced to disclose technology to obtain a license. New data security comes into effect from China in China, which prohibits bringing data out of the country. , also facing the objections of CPTPP member countries. Besides, CPTPP also calls for termination of discrimination between foreign enterprises and internal enterprises in the Government's procurement activities. However, the Chinese government has issued a "Chinese purchase" guide when deploying shopping with certain products. Therefore, the way to becoming a Chinese CPTPP member may be more "spiked" if the country continues to prioritize its interests. The Chinese agreement is applied for a day after America, England and Australia established a new group of defense in Indian Ocean - Pacific named Aukus against China. In addition to China, he also applied for accession to CPTPP and is starting to negotiate processes.

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