kiel-based institute: This meeting is taking place in a very strange atmosphere, says Klaus-J rgen Gern, an expert on developing countries and commodities markets at the Kiel-based Institute for the World Economy IfW . Barack Obama is representing the US, he is a man who wanted to chart a very different course than the one that Trump is now promising, according to Deutsche Welle. The US president-elect absence in Lima poses a critical question, one that has become the main topic of discussion at the summit Is the free-trade zone of the 21 APEC member states even possible without the leadership of the US China makes an offer After Trump repudiation of the Trans-Pacific Partnership TPP it seems like a very real concern. Yet, one politician not in attendance will play the biggest role Donald Trump. The proposed agreement for an Asia-Pacific free-trade zone that excludes China seems about to fail - for it can only go into effect if ratified by the US Congress. China is coming to Lima with an offer for a free-trade agreement among APEC states. Gern expects that China will attempt to take advantage of the leadership vacuum that has just been created by the US elections.
(news.financializer.com). As
reported in the news.
Tagged under kiel-based institute, barack obama topics.