Singapore and even Vietnam have called on China to provide a solution for the eventual failure of the TPP. The Asian balance is being completely redefined and the new American president is likely to give it the final shove, by redesigning a new world from the Pacific shore.
Even though China has been invested for a long time in the so-called “charm offensive,” that is, proving to be reliable and able to present itself as a peaceful power to its Asian neighbors, Beijing by itself would never have gotten a tangible result, without the help sent Tuesday by the United States, where President-elect Donald Trump has substantially undermined the TPP (Trans Pacific Partnership), an agreement of 12 countries of the “Pacific Rim,” which, not surprisingly, excluded China.
The new U.S. president has announced his intention not to continue with this initiative, which at this point remains as a reminder of Obama’s “pivot to Asia” strategy. Now let’s see what can happen and how the Asian chessboard will be rearranged, in the face of the possibility of the failure of the agreement.
In recent days, Japan, in the words of Prime Minister Shinzo Abe, has expressed its skepticism about the possibility of a reversal. In fact, Tokyo is the most stable U.S. ally in an area where other countries have already shown their potential willingness to change “protector.” In theory, the TPP involves 12 countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the United States. Along with Japan, Vietnam is certainly one of the less satisfied countries with this change in the American policy. But the fact that Hanoi is giving a green light to a Chinese alternative, indicates how the area’s thermometer is marking a raging boil.