The rhetoric and reality of the Trans-Pacific Partnership : a view from China

Tsui SIT, Erebus WONG, Kin Chi LAU, Tiejun WEN

Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

1 Scopus Citations

Abstract

Since announcing its foreign policy "pivot to Asia" shortly after the election of Barack Obama, the United States has made extensive use of its institutional and discursive power to encourage denationalization among developing countries whose economies chiefly rely on manufacturing and trade—part of its global strategic goal of expanding the hegemony of finance capital at the lowest possible cost. The development of the Trans-Pacific Partnership (TTP) is a case in point. This article analyzes the TPP's strategy in targeting China, pointing out that the TPP is a battle for the terms of economic development and discourse in the twenty-first century, as well as an illustration of the ideology of technocracy and soft power. Lastly, we criticize the TPP's erosion of economic sovereignty, which would effectively relegate the economies of developing countries to a form of semi-colonial extraterritoriality.
Original languageEnglish
Pages (from-to)24-36
Number of pages13
JournalMonthly Review
Volume68
Issue number7
DOIs
Publication statusPublished - 1 Dec 2016

Fingerprint

rhetoric
developing world
denationalization
developing country
technocracy
China
economy
hegemony
sovereignty
foreign policy
twenty first century
ideology
election
finance
twenty-first century
targeting
economics
erosion
manufacturing
economic development

Keywords

  • Imperialism
  • Political Economy

Cite this

SIT, Tsui ; WONG, Erebus ; LAU, Kin Chi ; WEN, Tiejun. / The rhetoric and reality of the Trans-Pacific Partnership : a view from China. In: Monthly Review. 2016 ; Vol. 68, No. 7. pp. 24-36.
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The rhetoric and reality of the Trans-Pacific Partnership : a view from China. / SIT, Tsui; WONG, Erebus; LAU, Kin Chi; WEN, Tiejun.

In: Monthly Review, Vol. 68, No. 7, 01.12.2016, p. 24-36.

Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

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AB - Since announcing its foreign policy "pivot to Asia" shortly after the election of Barack Obama, the United States has made extensive use of its institutional and discursive power to encourage denationalization among developing countries whose economies chiefly rely on manufacturing and trade—part of its global strategic goal of expanding the hegemony of finance capital at the lowest possible cost. The development of the Trans-Pacific Partnership (TTP) is a case in point. This article analyzes the TPP's strategy in targeting China, pointing out that the TPP is a battle for the terms of economic development and discourse in the twenty-first century, as well as an illustration of the ideology of technocracy and soft power. Lastly, we criticize the TPP's erosion of economic sovereignty, which would effectively relegate the economies of developing countries to a form of semi-colonial extraterritoriality.

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