The British government may seek to join the CPTPP trade group following Brexit. The attractions are clear: it provides access to the Japanese market; gives one-stop access to 11 markets; and includes a deal with five Commonwealth states, acting as a template for others. However, it may be better off focussing on RCEP. That includes most of the same countries, and includes China which accounts for 7% of exports – the same as the big-7 CPTPP nations. China may welcome the U.K. in as it would standardize post-Brexit relations in a simpler manner than a bilateral deal and extend th...