1. TPP
   1. Why is it special
      1. no exclusion to be tolerated
      2. openness to all APEC economies
         1. Asia-Pacific wise
      3. tipping-point approach
         1. US-led
      4. Obama's central Asian policy
         1. rebalancing
         2. not about containment, but inducement
   2. fundamental questions of TPP challenges
      1. disversities of states
         1. goals vs. development needs
      2. leadership
         1. current main roles
            1. US
            2. Japan
   3. Consequences of not solving challenges/failure of TPP
2. China Eco.
   1. problem
      1. rely heavily on investment
         1. 50% of eco.
         2. investment slows down
         3. consuption is held up
         4. labor market remains tight
      2. reform
         1. repress financial
            1. interest rates
            2. CA is closed
            3. household has not much savings
         2. household registration lossen
            1. 3/4th-tier cities
         3. services sector
3. Taiwan's foreign trade
   1. world trade status
      1. after 2008 crisis= new era
         1. volume of world merchandise exports drop in 2008-09
      2. expansion of processing trade
         1. China's open up to theworld
         2. advanced states outsourcing
   2. Taiwan Trade status
      1. export didn't grow for 3 yrs
      2. before 1990s
         1. Taiwan=major player of processing trade
      3. TW co. shift factories from China to SE. Asia