Trial now
BOBL TECHS

(Z1) Needle Still Points South

CROSS ASSET

Risk-Off Flows Seen

FOREX

Risk Switch Flicks To Off

BUND TECHS

(Z1) Trend Conditions Remain Bearish

JPY

JPY Firms

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

China has officially applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Ministry of Commerce said in a statement on its website on Thursday.

Chinese Commerce Minister Wang Wentao submitted the application to New Zealand's Trade Minister Damien O'Connor in a written letter, and both ministers held a teleconference to communicate on related work following the application.

New Zealand acts as the depositary for the CPTPP which was signed by 11 countries including Australia, Canada, Chile, Japan, and New Zealand in 2018. The signatories have combined economies representing about 13% of world GDP, making the CPTPP one of the world's largest free-trade areas by GDP.