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China says trade pact application unrelated to new US, UK and Australia alliance By Reuters


© Reuters. FILEPHOTO: A Chinese national flag was seen in Beijing, China on April 29, 2020. REUTERS/Thomas Peter/File Photo

BEIJING (Reuters) – The Chinese foreign ministry said on Friday that China’s application to join the Comprehensive and Progressive (NYSE:) Agreement for Trans-Pacific Partnership (CPTPP) is totally unrelated to a recently formed Indo-Pacific security alliance.

The AUKUS agreement, in which the United States of America and Britain provide Australia the technology and capabilities to launch nuclear-powered submarines will be called.

China claimed on Thursday that they had submitted a request to be incorporated into the CPTPP Trade pact. This agreement was canceled by the Trump administration in 2017.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.