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Wednesday, July 19, 2017

Japan is pushing for TPP again after its failure to join OBOR initiative.

https://www.nytimes.com/2017/07/14/business/trans-pacific-partnership-trade-japan-china-globalization.html

http://www.cnbc.com/2017/07/13/vietnam-malaysia-stand-in-the-way-of-japans-trans-pacific-partnership-dream.html

Without the USA, TPP is useless as its economic size and benefits will be reduced significantly.

Japan is blaming Vietnam and Malaysia for standing in the way of TPP (ex-USA).

Hahaha! Good luck to Vietnam and Malaysia as these 2 countries will have to compromise a lot in this new round of talk.  Japan will not compromise as it is the biggest economy in the new TPP.

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