日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Opinion / Wang Hui

It's time Japan stopped dreaming TPP

By Wang Hui (China Daily) Updated: 2017-07-22 07:08

It's time Japan stopped dreaming TPP

Trade ministers of the United States and 11 other Pacific Rim countries attend a press conference after negotiating the Trans-Pacific Partnership (TPP) trade agreement in Atlanta, the United States, on Oct 5, 2015. [Photo/Xinhua]

Negotiators from the 11 remaining members of the Trans-Pacific Partnership agreement held a meeting in Japan's hot-spring resort town of Hakone last week where they decided to push ahead with the agreement without any significant changes.

The two-day meeting shows some countries, especially Japan, are desperate to revive the TPP after US President Donald Trump pulled out of it in January. But, sooner or later, Japan will realize it has set out on mission impossible because without major revisions, the pact may remain good only on paper.

In its present state, the TPP agreement can come into force only after being ratified by at least six countries which together account for at least 85 percent of the bloc's GDP. Given that among the original members, the US alone accounts for more than 60 percent of the GDP, enforcing the TPP agreement without modifications is impossible.

But last week's meeting and the one among chief negotiators in Toronto, Canada, in May both stopped short of proposing major changes. Perhaps Japan believes that by effecting only minor changes it can still lure the US back into the TPP.

But since Trump still prefers bilateral trade deals and sticks to his "America First" credo, there is no reason to believe the US will make another U-turn.

Unlike Trump, however, Japanese Prime Minister Shinzo Abe has developed a penchant for multilateral trade arrangements. On July 6, Japan and the European Union announced they had reached consensus on a Japan-EU Economic Partnership Agreement. Abe called it "a model for 21st century economic order".

Considering that Japan has vowed to increase its exports under free trade deals to account for 70 percent of its overall export volume in 2018, Abe is also looking to the TPP and Regional Comprehensive Economic Partnership, along with the outline free trade deal with the EU, to fulfill his economic goal.

However, compared with economic factors, political concerns play a larger role in Japan's endeavor to revive the TPP. In fact, political calculations in the TPP have far outweighed its economic objectives, as major economies such as China and India were deliberately kept out of it to enable the US to regain its waning global influence. And ever since China overtook Japan to become the world's second-largest economy in 2011, Tokyo's ambition to play a bigger role on regional and global platforms has grown by the day.

Given these facts, it is no surprise that Japan is desperate to use the TPP to widen its influence in the region, because once the TPP agreement comes into effect, Japan would be one step closer to achieving its goal of writing the global economic rules. Besides, considering the icy Beijing-Tokyo relations in recent years, Japan could also use the TPP card to contain China's economic influence in the region.

This also explains why Japan has been insisting the TPP agreement be used as a model for the RCEP, in total disregard of the huge differences in the economic levels of participating countries and the fact that the RCEP is a broader free trade arrangement covering more economies in the Asia-Pacific than the TPP.

Needless to say, Japan's stance has markedly slowed down the RCEP process. China has always supported inclusive and open multilateral economic arrangements, because the exclusiveness and overlapping nature of some existing multilateral trade mechanisms are to blame for imbalanced globalization.

As an advocate of balanced globalization, China has actively pushed for negotiations on the RCEP, which involves 16 countries including Japan. And as the world's third-largest economy, Japan needs to make the right choice and follow the trend of the times.

By refusing to change its confrontational mindset, Japan will lose (as well as make other countries lose) the opportunities presented by more inclusive regional economic arrangements such as the RCEP. It's time Japan woke up from its TPP dream.

The author is a senior writer with China Daily. wanghui@chinadaily.com.cn

...
主站蜘蛛池模板: 欧美日韩网站 | 日本成人一区二区 | av导航网站 | 欧美精品三级 | 午夜肉体高潮免费毛片 | 精品久久久久一区二区国产 | 一二三四国产精品 | 涩涩天堂| 国产精品色视频 | 亚洲第九十七页 | 天堂а√在线中文在线鲁大师 | 欲妇荡岳丰满少妇岳91白洁 | 日本爽爽爽 | 亚洲专区免费 | 国产精品视频看看 | 亚洲精品18在线观看 | 久久久免费网站 | 日本免费网站视频 | 五月天色综合 | 99精品偷自拍| 日本免费黄色网 | 精品无码久久久久久国产 | 国产成人自拍视频在线观看 | 91久久色 | 欧美日韩综合 | 粗大黑人巨茎大战欧美成人免费看 | 久久久久一区二区三区 | 亚洲视频在线观看免费 | 中文字幕视频在线 | 国产成人三级在线观看视频 | 亚洲成人91 | 男人午夜影院 | 国产精品永久免费视频 | 青草一区二区 | 成人a在线观看 | av在线黄 | 婷婷色网 | 国产91在线高潮白浆在线观看 | 韩av| 四虎影院新网址 | 男女拍拍拍网站 |