10 Nov '11, 5am

China criticizes US agenda for APEC forum

BEIJING: China has criticized the US agenda for the upcoming Asia-Pacific Economic Cooperation (APEC) forum, but analysts say Beijing does not intend to seek a leadership role. Instead, it hopes to play the role of a constructive participant during the forum, which will be held in Hawaii later this week. Ahead of the APEC forum, Beijing had taken issue with some of the goals set by the United States. These include lowering tariffs on environmental goods to five per cent by the end of 2012 and reducing energy consumption to 50 per cent of 2005 levels by 2035. Beijing described the goals as way too ambitious. Assistant Minister of Foreign Affairs, Wu Hailong, said: "These are beyond the capacity of many developing members, and they have expressed their difficulties and concerns." China has also expressed reservations about the Trans-Pacific Partnership, a regional trade pact...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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