... region. One of the main objectives of the Trans-Pacific Partnership is the formation of the free trade zone, the absence of China among future members tells us about a powerful challenge the USA throws to the Celestial Empire.
In November this year,... ... treaty. In other words, Obama has a little time for his project to be supported by the legislative branch.
Speaking about the Asia-Pacific direction of the US foreign policy, we should consider the Russian factor. In this situation, Moscow is an experienced player, and this fact is taken ...
... setting the norms for governing the global economy. China should not be a bystander or a follower, but rather should become a participant and a leader. At the Beijing APEC forum in November 2014, participants supported the Chinese plan for setting up the Asia-Pacific Free Trade Area as an alternative to the U.S.-driven Transpacific Partnership designed to bolster the American presence in Asia bypassing China.
Regional Conflicts
Reflecting the sentiments of the predominant majority of the Chinese society, Beijing's foreign policy definitely helps to strengthen stability at home.
Close economic ties are not sufficient in bringing about a good neighborhood, especially if it is marred by territorial disputes and grim historic memories. Although China is Japan's main ...
... concept of a “smart force”, which emphasizes non-military means for securing U.S. influence in a multi-polar world.
China
’s “steamroller”
The U.S. share of global GDP has shrunk from 23 to 18 percent over the past decade, while ... ... help the U.S. to remedy the situation. It’s on this basis that Washington is planning to set up a free trade zone in the Asia-Pacific region.
If the TTP becomes a reality, the U.S. will account for three-fourths of the partnership’s combined ...