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APEC summit ends in disarray, as US-China divide deepens

APEC summit ends in disarray, as US-China divide deepens

14 Sept 02:49 Key points summarised by AI
  • The APEC summit in Papua New Guinea concluded without a joint communique for the first time in its history, primarily due to deep divisions between the United States and China.
  • The core disagreement centered on whether to include mentions of the World Trade Organization (WTO) and its potential reform in the Leaders' Declaration, with both major powers holding opposing views.
  • The summit underscored intensified US-China competition in the Pacific, as the US and its allies launched a $1.7 billion infrastructure plan to counter China's expansive Belt and Road initiative.
  • US Vice President Mike Pence sharply criticized China's trade practices and its Belt and Road projects, while Chinese President Xi Jinping promoted his vision, highlighting the growing economic and ideological rift.
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