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View all search resultsBeneath the surface of frozen diplomacy, severe sanctions, and looming military tension over Taiwan, the fraying relationship between Japan and China is trapped between the harsh realities of a new cold war and the quiet resilience of deep economic ties.
Asia-Pacific trade envoys gathered in China are expected to discuss multilateral cooperation, trade imbalances and supply chain resilience in the face of global shocks, including the US-Israeli war on Iran.
Facing deepening fractures in the global trade order, Asia-Pacific leaders adopted a joint declaration that emphasized the need for resilience and shared benefits in trade at the end of the annual APEC summit on Saturday.
Inclusivity should be APEC’s guiding principle, as exclusive growth is divisive that may lead to instability and jeopardize peace and prosperity, President Prabowo Subianto told leaders at the Asia-Pacific Economic Cooperation (APEC) summit.
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