China has applied to join an 11-nation Asia-Pacific free trade group in an effort to increase its influence over international policies
BEIJING — China has applied to join an 11-nation Asia-Pacific free trade group in an effort to increase its influence over international policies.
Commerce Minister Wang Wentao submitted an application to the trade minister of New Zealand as a representative of the Comprehensive and Progress Agreement for Trans-Pacific Partnership, the Commerce Ministry announced Thursday.
An official Chinese newspaper, Global Times, said the application cements Beijing’s “leadership in global trade” and leaves the United States “increasingly isolated.”
The CPTPP, which took effect in 2018, includes agreements on market access, movement of labor and government procurement.
China’s government has promised to increase imports of goods but faces complaints it is failing to carry out promises made when it joined the World Trade Organization in 2001 to open finance and other service industries.
China is also a member of various other trading arrangements, including the Regional Comprehensive Economic Partnership, which includes many nations in Asia that are not part of the CPTPP.