The recent Apec summit in Gyeongju, South Korea, showcased Xi Jinping's growing influence as he stepped into a leadership void left by Donald Trump. Xi positioned himself as a proponent of regional economic collaboration, contrasting sharply with the US's protectionist stance.
The summit underscored the complexities of international relations, particularly with Canada and the US facing trade tensions, while China and South Korea explored practical cooperation regarding North Korea's denuclearization. A joint statement from Apec leaders emphasized the importance of strengthening trade and investment for mutual benefit, signaling a rare moment of cooperation amid ongoing global challenges.
The choice of Shenzhen as the host for the 2026 Apec summit reflects China's commitment to innovation and economic openness. Meanwhile, Canadian Prime Minister Mark Carney's meeting with Xi marked a significant thaw in relations, highlighting a strategic pivot for Canada as it seeks to build ties outside the US sphere.
The summit concluded with a pledge to enhance economic integration and address the challenges facing the global trading system, pointing towards a collaborative future in the Asia-Pacific region.
