China downplays failure to reach APEC joint statement

AFP  |  Beijing 

on Monday downplayed the unprecedented from this year's APEC summit, which for the first time ever failed to issue a joint statement after US-trade tensions boiled over.

had pressed for leaders to issue what amounted to a denunciation of the Trade Organization and a call for its wholesale reform -- a step too far for Beijing, which would likely suffer in the event of any change to trade rules.

But on Monday chose instead to focus on the "positive results" of the summit.

"The meeting pushed forward different areas of practical cooperation under the APEC framework," Chinese told a regular press briefing, adding that many APEC leaders "clearly expressed that they were against protectionism".

"I think they are standing on the right side of history," he added. also denied attempting to barge into the office of host country Papua New Guinea's during the summit.

Police were stationed outside of Rimbink Pato's office after Chinese delegates tried to enter the office in a last-minute bid to influence the summit's draft statement, according to several sources.

"This is purely a rumour from someone with ulterior motives," said Geng.

"Any plot to undermine China-relations will not succeed." The spat ramps up the stakes for a crunch meeting between US and his Chinese counterpart at a summit in later this month.

In a speech at the APEC summit, Xi lashed out at "America First" trade protectionism, while US Vice warned smaller countries not to be seduced by China's massive Belt and Road infrastructure programme.

The "opaque" loans come with strings attached and build up "staggering debt", Pence charged, mocking the initiative as a "constricting belt" and a "one-way road".

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 19 2018. 17:40 IST