China mulls bid for Apec free-trade area to taunt US, tantalise Asia
China is expected to propose a Free Trade Area of the Asia-Pacific (FTAAP) agreement, encompassing all 21 Apec members, when it hosts the forum in November. This initiative aims to bind a broad range of Pacific Rim economies, including the United States.

Briefing Summary
AI-generatedChina is expected to propose a Free Trade Area of the Asia-Pacific (FTAAP) agreement, encompassing all 21 Apec members, when it hosts the forum in November. This initiative aims to bind a broad range of Pacific Rim economies, including the United States. Analysts anticipate that securing a finalized deal will be challenging due to likely resistance from Washington. However, even if unsuccessful, the proposal is expected to garner goodwill for Beijing from other Pacific Rim nations by advocating for measures to reduce export costs.
Article analysis
Model · rule-basedKey claims
4 extractedChina's proposal would involve action to cut export costs.
A real deal for the Free Trade Area of the Asia-Pacific (FTAAP) may be hard to secure as Washington is likely to resist.
China is expected to push for a trade agreement binding a wide swathe of the Pacific Rim, including the US, when it hosts Apec in November.
Even if unsuccessful, China's push for FTAAP would earn Beijing goodwill from other Pacific Rim countries.