Obama: If We Don’t Establish Rules for Trade China Will

“So the last point I’d make around this is China. As Prime Minister Lee mentioned, China’s not a part of TPP. But, if we don’t establish strong rules, norms, for how trade and commerce are conducted and the Asia Pacific region, then China will. China’s already engaged in all the countries in the region around it’s own version trade agreements. And they’re sure not worried about labor standards or environmental standards or human trafficking or anti-corruption measures."