The Traderszone Network

Published in TZ Latest News 19 November, 2016 by The TZ Newswire Staff

With TPP Dead, China Officially Launches Its Own Pacific Free-Trade Deal

As we noted on Thursday, “it was ludicrous for Obama to leave China out of things. China is the second biggest economy in the world, third if you treat the EU as a block. Had China been in the deal all along, we may not have seen the ludicrous provision that allowed companies to sue governments. That provision was one of the key reasons the deal failed. With the election of Trump, TPP is officially dead.

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