APEC summit in Lima: A moment of detente amid uncertainty for global trade leadership

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LIMA, Peru—After two days of meetings in Lima that rarely ventured beyond platitudes in discussing the strategies of the region’s major economies, the Asia-Pacific Economic Coopearation forum wrapped up on Saturday with a spirit of detente that many fear the summit may not see again for four years.

For the first time in a year, Biden and Xi sat down later Saturday for their highly anticipated third and final meeting of Biden’s presidency.

After nearly four years of record stability in the Japan-US alliance—a partnership crucial for regional security—Japanese Prime Minister Shigeru Ishiba is now struggling to arrange a high-stakes meeting with Trump.

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Article Details

Author / Journalist: Isabel Debre / The Associated Press

Category: BusinessStartups

Markets: PhilippinesBrazilChinaJapanNorth KoreaSouth KoreaPeruThailandUnited StatesVietnam

Topics: Global Lima Meeting Leaders Trump President Saturday Biden Summit Apec Chinese

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 11:17:45 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 685 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23629459

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