China's CPTPP bid: What is Beijing up to?

China's CPTPP bid: What is Beijing up to?
Currently China’s relations with several CPTPP members range from bad to terrible. (Image: Getty)
Charles Finny
There are two explanations for last week’s surprising application letter to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). One is economic. The other is political.The economic explanation would have a group of purist economists taking over the decision-making process in Beijing.  Upset at the inefficiencies they see in the state-owned enterprise (SOE) sector they look for a way to introduce essential reforms to the sector without risking too big a backlash from the senior national, provincial and city-level...

More Opinion

The big banks risk being disrupted by Big Tech
Opinion

Peter Griffin: The big banks risk being disrupted by Big Tech

If we let innovation continue, even vastly profitable banks face an uncertain future.

Peter Griffin 28 Mar 2024
BNZ KiwiSaver manager do-over heralds FirstCape arrival
Opinion

David Chaplin: BNZ KiwiSaver manager do-over heralds FirstCape arrival

Unlike banks, broker-founded advisory firms haven’t done much with KiwiSaver; no need.

David Chaplin 27 Mar 2024