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To BRICS Or Not To BRICS – OpEd
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Vietnam, a little dragon that dreams of an economic alternative to China
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To counter China’s Regional Comprehensive Economic Partnership (RCEP) trade agreement, Japan has pushed other countries in the Indo-Pacific region, as well as the UK, to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). Taiwan is also seeking to join the CPTPP, and the result of its application will be crucial to its position in international trade.
To ascend to the bloc, Taiwan must strive for international support and recognition, and might need to change its approach to international trade.
Due to the difference in size of the Taiwanese and Chinese markets, countries around the world have made concessions regarding Beijing’s unreasonable threats
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