A video statement released by President-elect Donald Trump this week indicated he would follow through on his campaign promise to withdraw from the Trans-Pacific Partnership trade agreement. Withdrawing from TPP topped his priority list for day one of his presidency. Trump said that instead, under his administration, the U.S. would “negotiate fair bilateral trade deals that bring jobs and industry back onto American shores.” Amid the statement by Trump, China has announced hopes to conclude an Asia-wide trade pact as soon as possible. A Chinese foreign ministry spokesman said Tuesday that Asian leaders are pressing ahead with talks for the 10-nation Regional Comprehensive Economic Partnership that China has backed as an alternative to the U.S.-led TPP deal.