TPP and the Principles for Governing International Trade

The success of President Obama’s swing through Japan on his Asia trip last week, he is supposed to have told Prime Minister Abe in The Hague recently, would be measured by whether it delivered a satisfactory conclusion to the Trans Pacific Partnership (TPP) negotiations between Washington and Tokyo. On that metric, the trip was an […]

A Breakthrough for Asian Integration?

There has been a surge of interest in the conclusion of mega-regional trade deals in the past few years. The United States, as part of its pivot to Asia strategy, pressed ahead with serious negotiation of the Trans-Pacific Partnership (TPP) in 2011 at the APEC Summit in Honolulu. The ASEAN+6 group of nations (ASEAN plus Australia, […]

China’s Next Big Round of Economic Reform

There is every sign that the new Chinese leadership is contemplating a major round of economic reform comparable to that when Zhu Rongji took China into the WTOmore than a decade ago. China’s accession to the WTO had a profound effect on the global trading and economic system. As China’s markets were opened up, Chinese and […]