Business

China firmly opposes Taiwan’s CPTPP application while Japan says welcome

Taiwan seeks to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), but China’s strong opposition may prevent Taiwan from participating.

On September 23, China dispatched 24 fighter jets to Taiwanese airspace soon after Taiwan filed its application. According to Taiwan Air Force, China’s rising military activity near Taiwan reached the third-highest number since records began.

Chinese Foreign Ministry spokesman Zhao Lijian stated that Taiwan was an inseparable part of China according to the “One China” policy. 

“We resolutely oppose any country’s official exchanges with Taiwan, and resolutely oppose the Taiwan region’s accession to any official agreements and organizations,” Zhao said. “China’s position is clear.”

Contrary to China’s opposition, Japan as one of the CPTPP member countries welcomed Taiwan’s bid to join. 

We consider Taiwan a very important partner with which we share fundamental values such as freedom, democracy, basic human rights and rule of law,” Japanese Economy Minister Yasutoshi Nishimura told a news conference.

The CPTPP, formerly known as the Trans-Pacific Partnership (TPP), was a high-standard, highly free trade body initiated by the former U.S. President Barack Obama, withdrawn by former U.S. President Donald Trump during his term of office, and renamed CPTPP by Japan. 

So far, 11 countries including Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam have signed the CPTPP. Chile, Brunei, and Malaysia have not yet ratified the agreement.  

 

Hedy Yang

Originally from Taiwan, Hedy Yang graduated with a master's degree in communication from Northwestern University. Aside from news writing, Hedy loves composing, podcasting, and voice acting. She is currently pursuing her second master's degree in communication at Columbia University.

Recent Posts

Rose Handbury denies any rumors of affair with Prince William: Report

You must have seen that rumors are making rounds regarding Rose Hanbury's alleged affair with…

2 months ago

Bank of Japan finally ends its negative lending rate era: Report

In a historic move, the Bank of Japan (BOJ) has increased its key interest rate…

2 months ago

F1 Rookier Oliver Bearman scores points in his debut race for Ferrari

In the Formula 1 World, things are very uncertain and same was the case last…

2 months ago

Jos Verstappen will skip the Saudi GP amid tensions with Red Bull team principal

The Formula One world has been rocked by escalating tensions within the Red Bull Racing…

2 months ago

Jos Verstappen calls for Red Bull team principal Christian Horner to step down

Jos Verstappen, father of Red Bull Racing's star driver Max Verstappen, has publicly stated that…

2 months ago

Rublev defaulted from Dubai Tennis Championship due to yelling on chair umpire

In a dramatic turn of events at the Dubai Tennis Championships, Russian tennis star Andrey…

2 months ago