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0 pointsmichaelt10y ago0 comments

America hopes to use TPP as a model for a similar deal with China, so America has insisted on a bunch of rules you'd only expect in a trade deal with a banana republic - like investor-state dispute settlement.

At present, "Chinese officials have learned to tackle multinational companies, often forcing them to form joint ventures with [Chinese companies] and transfer the latest technology in exchange for current and future business opportunities" [1] which is good for China but bad for America. America wants a treaty with China that will stop them doing that.

Personally I'd be surprised if China went for such a deal, regardless of what happens with TPP.

[1] https://hbr.org/2010/12/china-vs-the-world-whose-technology-...

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crdoconnor10y ago

The TPP is actually supposed to exclude China and create a competing trade bloc. It was even called the "everybody but China deal" by some people. All part of Obama's "pivot to Asia"... supposedly.

However, given the contents of the treaty, I don't think this exclusion is something that really bothers China.

China wanted in on the WTO bad. Real bad. China doesn't really care about the TPP.

kuschku10y ago

To quote Obama:

> The TPP means that America will write the rules of the road in the 21st century.

http://in.reuters.com/article/2015/11/05/trade-tpp-idINKCN0S...

It very much sounds like they’re treating the rest of the world as colonies.

oldmanjay10y ago

Not colonies, markets. The connotations of your word choice seem solely intended to make emotional connections that the reality does not support.

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jessaustin10y ago

Yeah, but they say that in order to appeal to us voters, who are assumed all to be ignorant jingoist buffoons, ready to support any idiocy so long as it can be imposed on foreigners. It's actually like many other political efforts in this country, in that only the interests of the very richest donors, corporations, and lobbyists are considered.

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