Recently, a confidential document of 248 pages from the negotiations on the Transatlantic Trade Investment Partnership (TTIP) was leaked from the Europe and the leaked document reveals the serious differences between the United States and Europe.
ANBOUND's research team is of the view that this year will not see the rise of TTIP as there are so much resistance from both the United States and the Europe.
In the future, even if both parties agree to lower their requirement, this will still be very time consuming.
China should take advantage of this opportunity to accelerate the negotiations over bilateral and multilateral free trade agreements and strengthen China's discourse power and influence in the new international trade regime.