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APEC summit 2014
Topic Started: Nov 10 2014, 11:32 PM (255 Views)
MSantor
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PDFF Mod Group
Some of the highlights from this year's APEC summit in China:

Reuters

Quote:
 
Obama urges China to be partner in ensuring world order
BY MATT SPETALNICK AND MICHAEL MARTINA
BEIJING Mon Nov 10, 2014 8:37am EST

(Reuters) - U.S. President Barack Obama said on Monday a successful China was in the interests of the United States and the world but Beijing had to be a partner in underwriting international order, and not undermine it.

Speaking to growing concerns among U.S. and other companies about the Chinese business environment after arriving in Beijing, Obama also urged China to reject the use of cyber theft for commercial gain and create a more level playing field where policy is not used for the benefit of some firms over others.

Obama's trip to China for an Asia-Pacific summit comes at a time of growing China-U.S. friction with Washington trying to expand American interests in Asia while Chinese President Xi Jinping demonstrates more willingness than his predecessors to demonstrate Beijing's clout on regional issue

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Reuters

Quote:
 
Obama says momentum building on 'historic' trans-Pacific trade deal
BY MATT SPETALNICK
BEIJING Mon Nov 10, 2014 8:53am EST

(Reuters) - U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the first leg of an eight-day Asia tour.

U.S officials have ruled out a major announcement on the ambitious 12-country Trans-Pacific Partnership (TPP) in Beijing, where Obama will attend the Asia-Pacific Economic Cooperation (APEC) forum and hold talks with Chinese President Xi Jinping.

But business leaders attending the APEC forum have been looking for signs of progress on the TPP, especially as China is pushing for a separate trade liberalization framework called the Free Trade Area of the Asia Pacific (FTAAP).

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"If you think you can do a thing or think you can't do a thing, you're right." - Henry Ford

"Courage is going from failure to failure without losing enthusiasm."
- Winston Churchill


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MSantor
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PDFF Mod Group
Reuters

Quote:
 
Xi urges faster APEC talks on China-backed free trade area
BY MICHAEL MARTINA
BEIJING Tue Nov 11, 2014 7:04am EST

(Reuters) - The global economic recovery is unstable and nations in the Asia Pacific Economic Cooperation (APEC) bloc should speed up free trade talks to spur growth, Chinese President Xi Jinping said on Tuesday.

Speaking at this year's APEC summit in Beijing, Xi said the 21-member forum had agreed that economic integration was the "driving force" behind sustained strong growth and APEC "should continue to play a leading and coordinating role in pushing forward this process".

APEC, which includes the United States, China, Japan, South Korea, Indonesia and Canada, groups countries which account for 40 percent of the world's population, 54 percent of its economic output and 44 percent of trade.

(...SNIPPED)

"If you think you can do a thing or think you can't do a thing, you're right." - Henry Ford

"Courage is going from failure to failure without losing enthusiasm."
- Winston Churchill


"If everyone is thinking alike, someone isn't thinking"- Gen. George S. Patton
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