New Apec chair China positions as global defender at ‘pivotal juncture’ while US retreats

China is seizing its role as the chair and host of Apec 2026 to position itself as a staunch defender of multilateralism, according to analysts, and they see the platform being used to elevate the nation’s economic governance initiatives to a global level. The strategic push was on display at the two-day Finance and Central Bank Deputies’ Meeting that began on Wednesday in Shanghai, where Vice-Minister of Finance Liao Min called on members to uphold multilateralism. “Closer cooperation is...


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