Friday 13 November 2015

TPP; New trade bloc on the block......

http://qz.com/519790/thought-the-tpp-was-a-big-deal-chinas-rival-free-trade-pact-covers-half-the-worlds-population/

Early October 2015- new Trade bloc formed- covering the Pacific ocean and known as the Trans Pacific Partnership, it is formed of countries that together account for 40% of global GDP.

members include.


As you can see the TPP does not include China, however China has been busy making a competitor block called RCEP.
Look at the countries involved in each- which holds the power?

No comments:

Post a Comment