China says TPP trade deal will not impact RCEP

US President Donald Trump joins other leaders including Datuk Seri Najib Razak during the family photo session at the APEC Summit in Danang, Vietnam November 11, 2017. — Reuters picUS President Donald Trump joins other leaders including Datuk Seri during the family photo session at the APEC Summit in Danang, November 11, 2017. — Reuters pic

DANANG (Vietnam), Nov 11 — The Trans- Partnership trade deal will not impact prospects for the -backed Regional Comprehensive Economic Partnership (RCEP) pact, ’s Foreign Ministry said today.

Zhang Jun, Director General of the ministry’s Department of International Economic Affairs, made the remark at a press briefing on the sidelines of the Asia Pacific Economic Cooperation (Apec) meeting in Vietnam’s resort city of Danang.

Eleven countries in the TPP have agreed on the core elements to move ahead on the deal without the United States.



China has been promoting an alternate vision for regional trade with the RCEP, which includes Australia, India and more than a dozen other countries, but not the United States. — Reuters

Source: The Malay Mail Online






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