China Urges Closer APEC Ties for Global Growth

Chinese Finance Minister Lan Foan emphasized APEC's vital role in addressing global economic challenges during a meeting in Hong Kong. He urged member economies to collaborate on artificial intelligence, digitalization, and green development to drive future growth.

A man walks past a sign for the APEC Finance Ministers' Meeting in Hong Kong, China, October 20, 2026. REUTERS/Tyrone Siu

China called on 21 APEC members to strengthen economic cooperation during Tuesday morning's opening meeting in Hong Kong. Finance Minister Lan Foan urged collective action as geopolitical conflicts and rapid shifts rock the global economy. The Pacific Rim grouping includes major economies like the United States, Japan, and Russia.

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