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Alternatives for China Alternative A: Stay away from this US initiative and set up its own version and/or invest in RCEP. China will face remodeled western rivals. Greater focus on BRICS. Economic polarization at a global level. Alternative B: Wait and see the progress with TTIP+TPP, and actively participate in the global free trade negotiations. Accelerate domestic market reforms to meet the higher standards of international trade rules. Improve relations with other emerging economies in order to have a stronger position in the process of rewriting international trade rules. Better opti
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