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New Economy

Taiwan Applies to Join Pacific Trade Deal Days After China

  • Government will announce the decision on Thursday morning
  • Taiwan is the third party to apply to join, after China, UK
Operations At the Kaohsiung Port Ahead Of Finalized GDP Figures
Photographer: Billy H.C. Kwok/Bloomberg
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Taiwan has submitted an application to join a Pacific trade deal, just days after China sent its own request to become a member of the agreement which was once pushed by the U.S. as a way to isolate Beijing and solidify American dominance in the region.

The Taiwanese application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership was sent to New Zealand, according to two people familiar with the situation. Taiwan’s government will announce the decision Thursday morning, according to one of the people.