It is reported that in order not to influence the November election, the US Congress might postpone the approval of the TPP.

It remains a big question as to whether the new president will support TPP.

The research team at ANBOUND Consulting is of the view that the predicament that TPP faces has no doubt provide an edge for China in speeding up the RCEP negotiation and thus providing China with a longer window to enhance its global trading strategy.

However, the South China Sea disputes between China and ASEAN as well as other related countries have deepened the conflicts.

It has now become particularly important for China to handle the South China Sea dispute properly.