soundwave1987
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like I said, it will hurt China's economy bad if we fail to upgrade and evolve. for now, we are evolving and upgrading, so the risk is not so imminent.Thats the reason why JP dont wanna join the TPP but it has no choice as JP is just US's puppet. JP industrial sector and its agriculture sector may get in big trouble when joining the TPP, but VN-US will get benefit from it coz we can sell more agriculture-fishing- wooden made products and we dont need CN components in those sectors.
Some CNese admit that TPP will hit CN hard, some ppl like u believe CN economy will not be so bad, then OK, let see what will happen when VN surely dont need to buy CN components for our agriculture-fishing- wooden made products.
I don't know the specific items about TPP, but I know the US agglomerated agricultural industry is quite potent and destructive compared to our more spreaded and familyhood style agriculture here in asia, while US intend to take a huge advantage about it, and I think I've heard about japanese ppl protest about TPP treatment. Although Vietnam wants to jion TPP but I don't think your government will relinguish domestic agriculture protection, so despite of political gestures, it remains ambiguous on the extent and scale of how deep asian countries (including China) willing to get involved in TPP. In fact now Vietnam enjoys many comparative advantages endowed not by TPP in some agriculture, fish, wooden and assembling departments that require no Chinese components. One day Vietnam will face the same upgrading and evolving demand but certain TPP items are designed for US to remain other countries locked at the exact position in the international industrial chain, I think that's part of the reason why TPP, as a regional integration pact basket, proceed relatively slow than the US wanna to be.