China can be confident even outside TPP

The Unite States and 11 other economies participating in the Trans-Pacific Partnership negotiations will continue to engage to try and resolve outstanding issues, as they have failed to clinch a final deal after wrapping up their four-day meeting on Friday in Maui, Hawaii. Comments:

The lack of a deal means the TPP will be thrown into the political maelstrom of the US presidential election. And with opposition building in many countries there are reduced chances that a deal will ever be reached on a pact that US Trade Representative Michael Froman declared to be in its "end game" in 2013, but which has only become ever more controversial since.

Lori Wallach, director of the advocacy group, Public Citizen's Global Trade Watch, August 1