Shifting Power: China's Multilateral Play at APEC

The Asia-Pacific Economic Cooperation summit highlights a shift in global economic power, as China's Xi Jinping advocates multilateralism while the U.S. under Trump focuses on bilateral deals. Xi's presence at APEC contrasts with Trump's absence, underscoring China's strategy to dominate regional trade through diplomacy and economic engagement.

The Asia-Pacific Economic Cooperation summit showcased a significant transition in global economic power, as China's President Xi Jinping took center stage by advocating for multilateralism, positioning China as a key player in the region's trade dynamics.

In stark contrast to the U.S.'s longstanding leadership in global trade, President Donald Trump's preference for bilateral deals and absence from the APEC summit emphasized a shift in America's engagement strategy. U.S.-China tensions were evident, as Xi addressed the gathered leaders, highlighting China's commitment to free and open trade.

China's strategy is evident through Xi's active participation at APEC and the recent China-ASEAN free trade deal. While skeptics question Beijing's intentions, China's consistent diplomatic efforts solidify its dominant economic posture in the Asia-Pacific, a region critical for global supply chains and economic growth.

(With inputs from agencies.)