Despite slowing growth, China will expand its influence on the global trading system, favoring bilateral exchanges and its own international institutions over the Trans-Pacific Partnership and the WTO, according to the report "At a Crossroad: What China’s New Economic Diplomacy Means for Business," conducted by the Economist Intelligence Unit.
Sponsored by Standard Chartered Bank, the report is based on interviews with professionals in academia, industry and trade organizations, and examines how China’s global economic influence will shape international trade.
This has been excerpted from a 4 December 2015 news item by CFO Innovation and is available in its entirety at: http://www.cfoinnovation.com/story/10680/china-unlikely-join-us-led-tpp-says-eiu-report