You may be right to a certain extent. However a major concern about the TPP is that it would give multi-national corporations even more power than they already have. The ability to sue the governments ( taxpayers ) of sovereign nations.

Counties like Australia are ramping up their military capability in response to the possibly future military threat posed by China.

Stupidly however the very important and strategic Port of Darwin was leased to a company connected with the Chinese government a few years back.

The former Obama administration was quite concerned about this this and very surprised for obvious reasons. They made their alarm over this quite clear.
The US has thousands of Marines on rotation there and conducting joint military exercises with Australian troops. Plus US warships are regularly at Port of Darwin.

In regard to the Darwin Port sale Obama said "why would they ( Australia ) do that" ?? Or words to that effect. He was otherwise saying Australia was stupid for doing this. In that case I agree with Mr Obama's assessment.