February 5, 2016

"China's Ministry of Commerce (MOFCOM) on Thursday played down the impact of the signing of the Trans-Pacific Partnership (TPP), a trade pact that US President Barack Obama said was aimed at countering China's regional influence.

'China has taken notice of the signing of the Trans-Pacific Partnership. … China is studying and evaluating it,' MOFCOM said on Thursday in a statement while stressing that China hopes 'the various free trade arrangements in the Asia-Pacific region will complement each other and jointly contribute to this region's trade, investment and economic growth.'

China is not among the 12 members, including the US, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, which signed the pact in Auckland, New Zealand on Thursday."

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