US President Barack Obama delivers a speech at the APEC CEO Summit in Beijing. (Agence France-Presse)
Huairu, China:
A summit of 21 Asia-Pacific economies is underway outside Beijing amid China's efforts to boost its status as a regional leader in trade and finance.
President Barack Obama and Russian President Vladimir Putin are among leaders joining Chinese President Xi Jinping at Tuesday's meeting of the Asia-Pacific Economic Cooperation forum.
The meeting is due to approve a two-year study of the Chinese-led Free Trade Area of the Asia-Pacific, despite American worries that it might distract from a separate, U.S.-promoted pact, the Trans-Pacific Partnership. Leaders are also to endorse a regional anti-corruption initiative and discuss other matters.
Ahead of the summit on Monday, Xi met Japanese Prime Minister Shinzo Abe and shared an awkward handshake seen as a gesture toward easing two years of tensions between Asia's biggest economies.
President Barack Obama and Russian President Vladimir Putin are among leaders joining Chinese President Xi Jinping at Tuesday's meeting of the Asia-Pacific Economic Cooperation forum.
The meeting is due to approve a two-year study of the Chinese-led Free Trade Area of the Asia-Pacific, despite American worries that it might distract from a separate, U.S.-promoted pact, the Trans-Pacific Partnership. Leaders are also to endorse a regional anti-corruption initiative and discuss other matters.
Ahead of the summit on Monday, Xi met Japanese Prime Minister Shinzo Abe and shared an awkward handshake seen as a gesture toward easing two years of tensions between Asia's biggest economies.
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