Asia-Pacific trade risks loom large as Apec official warns of protectionism, imbalances

To address widening trade imbalances across the Asia-Pacific region, surplus-heavy nations such as China should be buying more, and deficit-running economies need to bolster their competitiveness, a top Apec official said on Thursday.
“China has been developing significantly in recent decades … [becoming] sort of a global producer for the whole world. But now, the next challenge is for China to become the market for the whole world,” said Carlos Kuriyama, director of the Policy Support Unit at…

المصدر: SCMP — Tech