US President Donald Trump plans to represent the United States at a virtual Asia-Pacific summit this week in which his Chinese counterpart President Xi Jinping also plans to participate, a US official told Reuters. Trump's participation in the Nov. 20 Asia Pacific Economic Cooperation (APEC) forum hosted by Malaysia will be his first in the event since 2017, the only time he has participated. "POTUS is doing APEC," said a US official, who did not want to be identified, using the acronym for the President of the United States. The White House declined comment and while the current plan is for Trump to take part in APEC, he is preoccupied with an uphill battle to contest his defeat in the Nov. 3 presidential election. Join Mint channel in your Telegram and stay updated with the latest business news.

Source: Mint November 18, 2020 15:00 UTC