* China has applied to join global trading pact with Australia already a member
* Aus Trade Minister said China would need to prove 'track record of compliance'
* China's application comes after Australia announced historic AUKUS deal
* For the first time in its history, Australia will build nuclear powered submarines
Australia has threatened to block China's bid to join a global trading pact as tensions continue to worsen between the two nations.
China applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Thursday.
The pact has 11 members, including Australia, New Zealand and Japan, which will all have to unanimously agree before China can join.
Read more ....
Update: Australia places demands on China’s bid to join Pacific trade bloc (Financial Review)
WNU Editor: China sees joining the trading bloc known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as essential for its future economic growth and prosperity .... China applies to join trans-Pacific trade pact to boost economic clout (CNBC/Reuters).
Surprise, surprise. It looks like it is not going to happen.
4 comments:
Good for Australia. I have my doubts that our lousy administration will back them up.
Rook to h8. Your move, China.
It's the same TPP that people didn't want a couple years back
They just add the word progressive
The Democrat party just sucks
They lie
They steal
They murder
They cheat
They're barely human
I wouldnt let China anywhere near anything.
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