China, Japan, and S. Korea are negotiating their own free trade agreement:
http://thebricspost.com/china-s-korea-japan-fta-talks-next-week/#.VHIC4IvF9VY
The South Korean trade ministry said it will also actively participate in the China-led Regional Comprehensive Economic Partnership (RCEP).
South Korea has sought to join the negotiations for the RCEP, a multilateral FTA that will include China, South Korea, Japan and 10 members of the Association of Southeast Asian Nations (ASEAN) as well as India, Australia and New Zealand.
Who needs the US and TPP when through RCEP you can have access to most of the developing world?
On the other hand, some countries aren't so happy trading with China:
http://qz.com/183134/china-is-now-indias-top-trading-partner-and-one-of-its-least-liked/
This brings up a pressing issue: China overwhelms just about any country they do business with. China therefore may eventually rule most if not all of the world's trade. Does the US really think diplomatic and military pressure can reverse this trend? Or that splitting the world into competing trade blocs can stop it?
The US let the "free trade" genie out of the bottle. If that genie is now peeing on our corn flakes, we've got no one to blame for it except ourselves.
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