China-Taiwan war of words over latter’s bid to join CPTPP

China and Taiwan have targeted each other in another war of words over their separate bids to join a trans-Pacific trade pact with Beijing opposing Taipei’s attempt to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

China-Taiwan war of words

Beijing called on the 11 members of the CPTPP to oppose the self-ruled island’s application, a move Taipei has called the act of an arch bully. 11 member countries in the CPTPP are in dilemma, as support for Taipei could affect their economic ties with Beijing, which also applied to join the pact last week.

Joining the CPTPP would reinforce Taiwan’s global trade status and build better connections with other nations.  Taiwan had consulted with member nations of the pact, and made necessary legal amendments over recent years.

Taipei officially submitted its application to join the partnership as “the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Chinese Taipei)” – the same title it uses in the World Trade Organization, of which Beijing is also a member.

Published date : 25 Sep 2021 03:57PM