China has claimed that the Free Trade Area of the Asia-Pacific (FTAAP) and the Trans-Pacific Partnership Agreement (TPP) could develop in parallel amid speculations of a possible wrestle over the two pacts between China and the US.
"We think, in the course of promoting trade and investment liberalization, the Free Trade Area of the Asia-Pacific, the Trans-Pacific Partnership Agreement, and the Regional Comprehensive Economic Partnership as well as other free trade areas are not conflicting," said Zhang Shaogang, Director of the Department of International Trade and Economic Affairs of the Ministry of Commerce.
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