President Xi Jinping said in November last year that China was ‘actively considering’ joining the CPTPP. Photo: AFP
President Xi Jinping said in November last year that China was ‘actively considering’ joining the CPTPP. Photo: AFP
China trade

China ‘needs’ trade pact like CPTPP to force it into domestic reform, says former commerce minister

  • Wei Jianguo says China joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could spark positive reform in some sectors
  • Wei says ratification of rival Regional Comprehensive Economic Partnership (RCEP) deal can also play an important role in negotiations with Japan and South Korea