Economy
Chinese membership in the CPTPP: Greater benefits than downside risks
A study has shown that if China joins the CPTPP, global income gains from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will quadruple to US$632 billion annually. With an eye to the economic benefits, a majority of Southeast Asians view China's membership of the CPTPP positively, the 2022 State of Southeast Asia survey report finds. ISEAS researcher Sithanonxay Suvannaphakdy further notes that Chinese membership of the CPTPP will help to ease China-US trade tensions. However, there are concerns about China's ability to abide by the rules of the CPTPP.
Sithanonxay Suvannaphakdy
08 Mar 2022