FTA Competition and China's Strategic Choices

Competition over setting up free trade agreements(FTAs)first began to heat up after the outbreak of the 2008 global financial crisis.FTAs started by developed countries are converging and China has been frustrated by exclusion.All this indicates that the developed economies are focusing on achieving their strategic goals:that is to reform trade relations,reset the game rules and redeploy economic interests.China must take appropriate measures and maintain a global multilateral trade framework.