Chinas President Xi Jinping gestures after delivering a speech at La Moneda Palace in Santiago, on November 22, 2016.The Chile visit is the last stop on a Latin American tour that has also taken Xi to Ecuador and Peru. / AFP PHOTO / CLAUDIO REYES
BEIJING: China said it will actively participate in bilateral and multilateral trade deals, with the goal of deepening reform and opening up its economy, regardless of the direction the Trans Pacific Partnership (TPP) or the China-backed Regional Comprehensive Economic Partnership (RCEP) might take.
The statement follows US President-elect Donald Trump saying he would withdraw the United States from the multi-country TPP that excludes China, putting RCEP - a rival pact that excludes the United States - as the front-runner for new free trade deals in the region.
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