Big giants in the room? APEC failure as leaders cancel joint statement amid US-China spat.

Why do the US so-called Law Makers keep trying to start wars?. Is it because that is the way to keep the American Ab-Originals under Martial “War” Laws. Well it is time to study the whole story and see why moor than Half of Moorish American Nationals are labelled Illegal Aliens by the Corporate U.S.A acting as Government for the People. Note: “Govern = Control – Ment = Mind”. Por que quere controlar “la Mente” de mis Piasanos de todo America???

Published time: 18 Nov, 2018 11:42 Edited time: 18 Nov, 2018 12:04 Get short URL

Big giants in the room? APEC failure as leaders cancel joint statement amid US-China spat

File Photo: US Vice President Mike Pence and Chinese President Xi Jingping © Reuters / Issei Kato (L) ; Reuters / Aly Song (R)

For the first time, leaders of 21 Asia-Pacific economies have failed to issue a joint communique, as tensions between the US and China over trade and investment poisoned their annual summit. Read more

© Pool via REUTERS / Fazry Ismail

US vows to maintain pressure on China amid wide condemnation of protectionism at APEC summit

Pointing to the “two big giants in the room,” the Asia-Pacific Economic Co-operation’s (APEC) chair, Papua New Guinea (PNG) Prime Minister Peter O’Neill, informed Sunday’s closing news conference that the expected Leaders’ Declaration would not be issued.

When pushed to explain the discord, O’Neill cited Beijing and Washington’s differences over the “World Trade Organization and reform of the World Trade Organization.” However, he was quick to point out that this was outside of APEC’s remit.

In lieu of the joint declaration, O’Neill said he would release a chairman’s statement later on Sunday.

News of the dispute comes as both economic giants engage in a retaliatory trade war, sparked by the US administration’s protectionist “America First” policies advocated by US President Donald Trump.

Speaking in the PNG capital of Port Moresby on Saturday, US Vice-President Mike Pence said the US would not change its course with China, warning that the US could “more than double” the tariffs already placed on $250 billion of Chinese goods.

Prior to Pence’s comments, China’s Xi Jinping lashed out at US protectionism, labeling the US approach as “short-sighted” and was “doomed to failure.”

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