Lima. Chinese President Xi Jinping said this Saturday in the capital of Peru that the Asia-Pacific region must promote greater free trade, as cooperation in the region faces “growing protectionism,” according to state media. Chinese.
This occurs in the midst of the imminent return of Donald Trump to the presidency of the United States, which looms over the summit of the Asia-Pacific Economic Cooperation Forum (APEC), which is taking place in Lima.
“We must dismantle the high wall that divides the flow of trade, investment, technology and services, and maintain a stable and fluid industrial supply chain,” Xi said Saturday, according to a transcript of the speech published by state television. CCTV.
China to host APEC in 2026
Xi Jinping announced at the Asia-Pacific Economic Cooperation Forum in Lima, Peru, that his country will host the summit in 2026, state television CCTV reported on Saturday.
Xi said Saturday in Lima that the Asia-Pacific region must push for greater free trade as cooperation in the region faces “growing protectionism,” according to Chinese state media.
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As the Editor of world-today-news.com, we are delighted to bring you an exclusive interview with two distinguished panelists, Dr. Liam Chen, an economics professor, and Dr. Linda Wang, an international relations expert, on the recent statements made by Chinese President Xi Jinping at the APEC Summit in Lima.
Dr. Chen, your thoughts on President Xi’s call for greater free trade in the face of rising protectionism? How significant is this in the current geopolitical climate, considering the incoming US administration’s stance on trade policy?
Dr. Liam Chen: President Xi’s call for greater free trade is an essential step toward fostering economic growth and development in the Asia-Pacific region. With the US, China’s largest trade partner, increasing tariffs and implementing protectionist measures, it’s crucial for China to promote free trade among its APEC partners to mitigate the impact of such policies. The current geopolitical climate presents a unique challenge, as the incoming US administration has signaled a shift towards a more isolationist approach. However, China’s advocacy for free trade sends a strong message that it remains committed to open economic policies and seeks to maintain strong bilateral relationships with its trading partners.
Dr. Linda Wang, your insights on China’s decision to host APEC in 2026? What does this indicate about China’s role in regional cooperation and leadership in the Asia-Pacific?
Dr. Linda Wang: Hosting APEC in 2026 is a bold move by China, showcasing its willingness to take on a larger leadership role in the Asia-Pacific region. The summit provides an opportunity for China to strengthen ties with its neighbors, promote economic cooperation, and address shared concerns. It also aligns with China’s Belt and Road Initiative, which aims to increase connectivity and trade within the region. By hosting APEC, China seeks to position itself as a key player in shaping the regional agenda and promoting sustainable development. This move demonstrates China’s increasing confidence and influence in global affairs, and it will be interesting to see how other member economies respond to this leadership opportunity.
Dr. Chen, how do you see the future
