WASHINGTON, Nov. 13 (Xinhua) -- The United States has lagged behind China in terms of economic performance in the Asia-Pacific region, according to a recent Bloomberg report.。
The article, entitled "Biden's 'America First9; Trade Policy Gives China an Opportunity," was published by the Bloomberg on Wednesday.。
The Joe Biden administration failed to articulate its economic vision for the Asia-Pacific region, nearly five years after former U.S. President Donald Trump withdrew from the Trans-Pacific Partnership (TPP), the report said.。
China, instead, has officially filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in September this year.。</p>
It also pledged to provide profitable business opportunities for each CPTPP member to access the Chinese market and strive for growth in bilateral trade and investment.。
4;You have an administration again that is putting 'America First' using different language," Deborah Elms, founder of the Singapore-based Asian Trade Center, was quoted by the report as saying. Enditem。
