New Apec chair China positions as global defender at ‘pivotal juncture’ while US retreats

Feb 4, 2026 | INVESTING

China is seizing its role as the chair and host of Apec 2026 to position itself as a staunch defender of multilateralism, according to analysts, and they see the platform being used to elevate the nation’s economic governance initiatives to a global level.
The strategic push was on display at the two-day Finance and Central Bank Deputies’ Meeting that began on Wednesday in Shanghai, where Vice-Minister of Finance Liao Min called on members to uphold multilateralism.
“Closer cooperation is…

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