New Apec chair China positions as global defender at ‘pivotal juncture’ while US retreats
AdvertisementAsia-Pacific Economic CooperationEconomyGlobal EconomyNew Apec chair China positions as global defender at ‘pivotal juncture’ while US retreatsHosting the bloc for just the third time in 25 years, China is promoting people-centred policies, infrastructure funding and predictability
Reading Time:3 minutesWhy you can trust SCMPFrank Chenin ShanghaiPublished: 3:41pm, 4 Feb 2026Updated: 3:46pm, 4 Feb 2026China 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 needed, more than ever … as uncertainty weighs on growth and geopolitical tensions and reg..
