APEC leaders divided after US, China spathome/News/Top Stories/APEC leaders divided after US, China spatPORT MORESBY: Asia-Pacific leaders failed Sunday to bridge gaping divisions over trade at a summit dominated by a war of words between the US and China as they vie for regional influence. For the first time, APEC leaders were unable to agree on a formal written declaration amid sharp differences between the world’s top two economies over the rules of global trade. That demand was a step too far for Beijing, which would likely get less preferential treatment under any changes. “APEC has got no charter over the World Trade Organization. We had a candid conversation.”He told him the US is interested in a better relationship with China “but there has to be change” in Beijing’s trade policies.

Source: Manila Times November 18, 2018 16:07 UTC