APEC Summit in South Korea: Xi Jinping Seizes Opportunity to Fill Void Left by Trump's Absence
The week-long APEC summit in Gyeongju, South Korea, has come to a close with a flurry of diplomatic activity, but the absence of US President Donald Trump had allowed Chinese leader Xi Jinping to fill the void and position himself as a unifying voice for regional economic interests. As Trump flew back to Washington on the eve of the summit, leaving his treasury secretary to do his bidding, Xi embarked on a series of high-level bilateral meetings that showcased China's commitment to free and open trade.
The two-day summit was overshadowed by the US-China tariff truce negotiated earlier in the week, but it provided an opportunity for other leaders to amplify their messages. Canadian Prime Minister Mark Carney used the platform to warn about the end of rules-based free trade, while Xi called on his counterparts to join him in championing the cause. The lack of consensus on a joint declaration highlighted the fractured nature of APEC, a loose coalition of countries united by little more than geography and divided along deep political and economic fault lines.
Despite these challenges, the summit did see some positive developments, including renewed efforts between Canada and China to mend their bilateral ties. The two nations had been at odds over trade and other issues, but a meeting between Carney and Xi marked a turning point in their relationship. The Canadian statement described the encounter as a "turning point," suggesting that improved relations could be on the horizon.
Meanwhile, Japan's newly installed Prime Minister Sanae Takaichi navigated her whirlwind diplomatic debut with relative ease, giving early indications that foreign policy might not be an Achilles' heel for her. Her meetings with Xi and South Korean President Lee Jae Myung highlighted overlapping interests between Japan and its regional neighbors when it comes to North Korea.
As APEC heads into life support mode, the summit in Gyeongju serves as a reminder of the need for collective action on trade and economic issues that dominate the region's agenda. The absence of Trump had allowed Xi Jinping to seize the initiative, but it remains to be seen whether this momentum can be sustained in the face of deepening divisions within APEC.
The 21-member bloc is struggling to find common ground as countries with differing interests and ideologies seek to navigate the complex web of trade relationships. With the world dramatically different from when APEC was founded in 1989, its foundation – a framework for regional economic integration – seems increasingly outdated.
Despite these challenges, there are signs that some nations are working towards renewed cooperation. Canada's efforts to rebuild ties with China are just one example of this trend. As the global economy continues to evolve, APEC must find ways to adapt and address the pressing issues of our time – from trade tensions to climate change.
The week-long APEC summit in Gyeongju, South Korea, has come to a close with a flurry of diplomatic activity, but the absence of US President Donald Trump had allowed Chinese leader Xi Jinping to fill the void and position himself as a unifying voice for regional economic interests. As Trump flew back to Washington on the eve of the summit, leaving his treasury secretary to do his bidding, Xi embarked on a series of high-level bilateral meetings that showcased China's commitment to free and open trade.
The two-day summit was overshadowed by the US-China tariff truce negotiated earlier in the week, but it provided an opportunity for other leaders to amplify their messages. Canadian Prime Minister Mark Carney used the platform to warn about the end of rules-based free trade, while Xi called on his counterparts to join him in championing the cause. The lack of consensus on a joint declaration highlighted the fractured nature of APEC, a loose coalition of countries united by little more than geography and divided along deep political and economic fault lines.
Despite these challenges, the summit did see some positive developments, including renewed efforts between Canada and China to mend their bilateral ties. The two nations had been at odds over trade and other issues, but a meeting between Carney and Xi marked a turning point in their relationship. The Canadian statement described the encounter as a "turning point," suggesting that improved relations could be on the horizon.
Meanwhile, Japan's newly installed Prime Minister Sanae Takaichi navigated her whirlwind diplomatic debut with relative ease, giving early indications that foreign policy might not be an Achilles' heel for her. Her meetings with Xi and South Korean President Lee Jae Myung highlighted overlapping interests between Japan and its regional neighbors when it comes to North Korea.
As APEC heads into life support mode, the summit in Gyeongju serves as a reminder of the need for collective action on trade and economic issues that dominate the region's agenda. The absence of Trump had allowed Xi Jinping to seize the initiative, but it remains to be seen whether this momentum can be sustained in the face of deepening divisions within APEC.
The 21-member bloc is struggling to find common ground as countries with differing interests and ideologies seek to navigate the complex web of trade relationships. With the world dramatically different from when APEC was founded in 1989, its foundation – a framework for regional economic integration – seems increasingly outdated.
Despite these challenges, there are signs that some nations are working towards renewed cooperation. Canada's efforts to rebuild ties with China are just one example of this trend. As the global economy continues to evolve, APEC must find ways to adapt and address the pressing issues of our time – from trade tensions to climate change.