Trade Winds: Xi Jinping's APEC Agenda Amid US Absence

At the APEC summit, Xi Jinping championed multilateralism and global free trade against a backdrop of US withdrawal and trade tensions. Amid evolving global dynamics, Xi outlined China's ambitions in green industries while addressing supply chain and demographic challenges. The lack of participation from Donald Trump highlighted strategic divides.

At the Asia-Pacific Economic Cooperation (APEC) summit held in Gyeongju, South Korea, Chinese leader Xi Jinping took a firm stance on defending global free trade, indirectly critiquing the absence of US President Donald Trump. Xi's comments emphasized the need for multilateral cooperation during turbulent times, advocating for stable supply chains and green energy collaboration.

While Trump remained absent from this significant multi-nation forum, US Secretary of the Treasury Scott Bessent represented American interests, suggesting a shift towards fairer trade practices. Trump's earlier discussions with Xi indicated potential relief from trade tensions, though long-term economic strategies remain contentious on both sides.

As APEC seeks to forge a joint statement amid internal challenges, South Korea, the hosting nation, prioritizes sustainable innovation. The summit's discussions are framed within themes of demographic shifts and technological advancements, aiming to foster resilient regional economic integration despite ongoing geopolitical complexities.

(With inputs from agencies.)