Publication

This paper discusses the implications for China of the potential changes in the global trade regime that would result from further mega trade deals, such as the Transatlantic Trade and Investment Partnership (TTIP) and the Trans-Pacific Partnership (TPP) being established. The authors first examine these two deals as well as other large trade deals already in place and potential future trade deals before examining China's situation in relation to them. They find that because export growth is so important to China and not being part of mega deals (as is the case with China and the TIPP and TPP) has a negative effect, Beijing will be driven to engage in its own mega trade deals in order to remain competitive in the global trade system.