10 years, 5 months ago

China's constructive role in Asia-Pacific

China's high-profile hosting of the APEC meetings and its active role in the establishment of the Asian Infrastructure Investment Bank as well as its plan to promote the Silk Road belt economy are a sign of the country’s deeper involvement in regional affairs. Since 2010, the United States has led some countries, including some APEC member economies, to push the Trans-Pacific Partnership Agreement initiative, a move that has undermined the pre-set APEC aim of promoting regional free trade As analysts have pointed out, the US-led initiative is an attempt by the world’s biggest military and economic superpower to maintain and increase its influence in the Asia-Pacific while containing China’s rise in the region. It is in China’s interest to lead the APEC meetings to accelerate the process of regional free trade talks and figure out a more comprehensive road map on regional economic cooperation. China’s strengthened role in those areas will help anchor regional peace and promote economic prosperity, because China traditionally does not seek military or economic hegemony but upholds the idea of cooperation-based common prosperity.

China Daily
Way forward
2 months, 2 weeks ago

Way forward

Overview
1 year, 9 months ago

Overview

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