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China, TPP and Japan's future in Asia

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For evidence of China's vision for an integrated East Asian political economy-binding China, Japan, and Korea-look at remarks of China's Commerce Minister yesterday in Beijing. Speaking at a press conference during the ongoing Chinese National People's Congress, Minister of Commerce Chen Deming's said of that Japanese entry into negotiations of the Trans-Pacific Partnership (TPP) trade pact, if it happens, "Should not be allowed to influence progress on other types of cooperation in the East Asian region." Translation: Japan should give priority to and focus first on the talks being promoted by Beijing to create a regional Free Trade Agreement (FTA) which would closely bind China, Japan, and Korea. The next major negotiations of this FTA be held in Beijing in May. (AFP)

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