APEC Breakdown Highlights Growing Divide Over Trade

Sharp exchanges between US Vice President Mike Pence and Chinese leader Xi Jinping at this year’s Asia Pacific Economic Cooperation (APEC) meetings and the regional body’s failure to issue a joint statement was not just a sign of the deep divide between Washington and Beijing on trade, analysts say. It was also a reminder of a simmering crisis at the World Trade Organization over reform and the debate about China’s status in the global trade system. Although Beijing denies that it...

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