APEC Trade Envoys Meet in China on Supply Chain Stability

APEC trade envoys are meeting in Suzhou to discuss supply chain resilience and trade imbalances. Officials aim to foster cooperation amid global economic shocks.

Xurve View

China trade envoys and APEC representatives began two days of talks Friday to address global trade imbalances and supply chain resilience. The meeting follows China's record nearly $1.2 trillion trade surplus last year and rising friction with G7 economies. Trade restrictions threaten regional growth and vital rare earth supply chains.

A general view of the opening session of the APEC China Ministers Responsible for Trade (MRT) meeting in Suzhou, Jiangsu Province, China, May 22, 2024. REUTERS/Nicoco Chan
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