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China Misses Out From TPP Exclusion, PBOC Researcher Ma Says

  • China's economy would be 2.2 percent larger if it joined TPP
  • PBOC research chief economist Ma Jun comments in article

China’s textiles, clothing and electronics industries will miss out by being excluded from a U.S.-led Pacific trade pact, according to an article by Ma Jun, the chief economist of the People’s Bank of China’s research department.

China would see a 0.5 percent annual increase in economic output over four years if it were to join an expanded 16-member Trans-Pacific Partnership and its economy would be 2.2 percent larger after several years, according to the article published in the Shanghai Securities News. That assumes other nations that aren’t in the existing grouping including South Korea, Indonesia and Thailand are also added.