APEC Coverage Fixed on Europe Woes, China Tension, TPP Progress
There are three big topics emerging in international APEC coverage thus far:
- The gap between the trade agendas of China and the United States
- Japan’s announcement that it will enter into Trans-Pacific Partnership (TPP) talks
- Europe’s economic woes
• R±ð³Ü³Ù±ð°ù²õ that China is wary of the TPP discussions, and is pitching a decidedly different trade agenda than the United State at APEC. The tension between the two countries in a testy exchange in Honolulu, according to Reuters.
• The news agency also Secretary of State Hillary Clinton’s comments about necessary political “changes” in Myanmar, an example that APEC discussions have veered away from economic issues at times.
• Bµþ°ä how Japan’s decision to partake in free trade talks is a source of controversy in Japan.
• that New Zealand Trade Minister Tim Groser said the free trade discussions are of “immense signficance,” according to TVNZ.
• The New York Times the president’s Asia-Pacific travels as “diplomatic island-hopping” with “no major agreements” expected to take place.
• The Star that Malaysia Prime Minister Najib Razak will take part in TPP talks on Saturday.
• Channel News Asia “broad discussions” between the Singapore and Australia prime ministers. Topics that reportedly came up: the TPP, climate change and regional architecture.
• The Associated Press a heightened sense of urgency at APEC, given fear about a “deep and prolonged recession” in the European Union. The wire service also reports that a lack of negotiating power at APEC means that “prospects for major changes are slim.”
• The Australian Broadcasting Network that Europe’s economic woes are likely to “overshadow” APEC.
• The Telegraph, a UK paper, Europe’s troubles as “the main preoccupation” at APEC.
• Moscow’s RT the possibility of China stepping in to help Europe manage its debt crisis.
• The Wall Street Journal that Taiwan and China agreed to “increase economic cooperation” during a Friday meeting at APEC.
• X¾±²Ô³ó³Ü²¹ a cooperative meeting between leaders of China and Peru.
• New Zealand’s Scoop Media that New Zealand and Australian leaders are singing “different tunes” at APEC when it comes to free trade talks.
• Yonhap News Agency South Korean President Lee Myung-bak’s role in the summit. Lee is set to push deregulation and job creation through “technological innovation, not protectionism,” according to the news outlet.
• BusinessWorld, a newspaper out of the Philippines, a renewed commitment to implementing regulations among global financial leaders at APEC.
• The Nation about high-level disaster preparedness discussions at APEC.
• APEC skeptics are getting noticed, too. Tonga’s Taimi Media Network the Moana Nui Conference and its participants criticism about the global economic summit as “armed and dangerous.”
• A columnist for the Philippine Daily Inquirer that his country’s president should skip APEC, calling it “not worth his time or the country’s money.”
Read a of earlier international APEC coverage.
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