Pacific Money | Economy

The Next Step for APEC in Shenzhen

Turning risk diversification into value creation under the U.S.-China rivalry.

The Asia-Pacific Economic Cooperation (APEC) summit, to be held in Shenzhen, China on November 18–19, will take up the strengthening of supply chains and regional economic integration. But with tensions between the United States and China over supply networks continuing, reaching substantive agreements at a forum attended by both countries is not easy. So what can APEC accomplish amid ongoing rivalry? The question to ask is not whether the meeting can resolve U.S.-China tensions, but whether it can identify practical areas of cooperation that the region, including both the U.S. and China, can pursue together.

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The Asia-Pacific Economic Cooperation (APEC) summit, to be held in Shenzhen, China on November 18–19, will take up the strengthening of supply chains and regional economic integration. But with tensions between the United States and China over supply networks continuing, reaching substantive agreements at a forum attended by both countries is not easy. So what can APEC accomplish amid ongoing rivalry? The question to ask is not whether the meeting can resolve U.S.-China tensions, but whether it can........

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