“What have we not done right after joining the WTO?” many Chinese are asking.
The seven-year long negotiation of Trans-Pacific Partnership (TPP) — a trade pact involving the U.S. and eleven other Pacific countries aimed at cutting tariffs — finally came to an end in Atlanta on Monday when the countries finally sealed the deal.
Handout . / Reuters
Both developed and fledgling economies such as Japan and Vietnam are part of it. Left out in the cold: China, the world's second-largest economy, which is definitely part of the "trans-pacific" region.
Chinese President Xi Jinping
Win Mcnamee / Getty Images
President Obama explained why China was on the outside looking in in a statement commemorating the agreement on the TPP.
"When more than 95 percent of our potential customers live outside our borders, we can't let countries like China write the rules of the global economy," it read.
The question is what does "countries like China" mean? Obama didn't spell it out, but Chinese internet users are trying to figure it out for themselves.
Win Mcnamee / Getty Images
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