Trans-Pacific Partnership: The View From China – Analysis | Eurasia Review

However, econometric modelling predicts that the exclusion of China from the TPP will carry significant economic costs. While the model calculates that China will suffer a loss of 46 billion USD over the next decade due to its exclusion from the TPP, the TPP countries themselves will too suffer a serious opportunity cost of lower growth. The model calculates that the inclusion of China, South Korea and the ASEAN states of Indonesia, Thailand, and the Philippines in the TPP will generate a threefold increase in global economic growth, with China earning over 800 billion USD, and the US earning 330 billion USD—a fivefold increase in income—over the next decade. The significant opportunity costs of excluding China from the TPP should hence prompt the US to reconsider its present policy.

http://www.eurasiareview.com/18102015-trans-pacific-partnership-the-view-from-china-analysis/