Facing deepening fractures in the global trade order, Asia-Pacific leaders adopted a joint declaration that emphasised the need for resilience and shared benefits in trade at the end of the annual APEC summit on Saturday. The Asia-Pacific Economic Cooperation meeting, hosted by South Korea this year, unfolded under the shadow of rising geopolitical tensions and aggressive economic strategies – ranging from U.S. tariffs to China’s export controls – that have pressured global trade.With Trump’s swift exit before the summit, China sought to position itself as a steady advocate of free and open trade, a role the U.S. had dominated for decades. China will host APEC in Shenzhen in 2026, President Xi Jinping announced. Is Trump trying to dominate China in Asia ?

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