Speaking on CCTV, Carnegie’s Yukon Huang discussed the TPP deal and its implications. Huang stated that, in general, any trade agreement is a net positive for all members even though some members may benefit more than others. Ultimately, Huang argued that the success of the TTP will be determined by whether or not China becomes a member, as free trade agreements are more successful if there are more participants. 

This video was originally published on CCTV America.