The TTIP is a product of the current interplay between the European and American economies, as well as changes in world economics and trade.It is expected to have a far-reaching impact on future global economic development and trade. Given the strengthening ties between China and the West, as well as China’s elevated status in global economics and trade,the TTIP will similarly have an enormous impact on China. The TTIP is a product of the current interplay between the European and American economies, as well as changes in world economics and trade. It is expected to have a far-reaching impact on the future global economic development and trade. Given the tie ties between China and the West, as well as China’s elevated status in global economics and trade, the TTIP will have have an enormous impact on China.