“There is a strategic shift going on between the U.S. and China for leadership in the Asia-Pacific region," says AS/COA's Eric Farnsworth on the impact of the U.S. pulling out of TPP.
Trade
Just back from Lima, AS/COA’s vice president shares his views on what’s ahead for the Asia-Pacific bloc as it prepares for a more protectionist Washington.
“[The Asia-Pacific leaders meeting] is a strategic shift that is in progress. There is real concern that the U.S. is withdrawing from its traditional role,” explains AS/COA’s Eric Farnsworth.
China has the opportunity to lead a vision for the Asia-Pacific given the potential withdrawal of the Trans-Pacific Partnership, comments AS/COA’s Eric Farnsworth.
Amid fears of U.S. disengagement in global trade, AS/COA's Eric Farnsworth says President Xi Jinping's speech at the 2016 APEC Summit signaled a "strategic realignment" in the Pacific Rim.
This is a huge moment for China to forge closer trade ties with Latin America in view of Trump's protectionist policies, points out AS/COA's Eric Farnsworth.