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The 32nd APEC Economic Leaders’ Meeting is set to take place in Gyeongju, Republic of Korea from October 31 to November 1. Amid weak global economic growth and rising protectionism, the gathering carries high expectations from the Asia-Pacific and the broader international community for advancing an open world economy and achieving shared prosperity. Experts from Indonesia and Germany note that China has long championed regional integration and connectivity with an open approach, injecting fresh momentum into the Asia-Pacific – the world’s most dynamic region and a key driver of global growth. Rino F. Boer, professor at the London School of…

Economic growth in the APEC region is projected at 3.1 percent in 2025, slightly higher than earlier estimates, according to the latest APEC Regional Trends Analysis. The upgraded forecast was supported by resilient trade and strong demand for high-tech goods, according to the report. However, the report warned that growth could ease to 2.9 percent in 2026 as public debt rises and temporary drivers fade. Trade expanded solidly in the first half of 2025, with export and import values rising by 6.5 percent and 6.1 percent, respectively. Export growth is expected to slow to around 1 percent next year as…

In a major breakthrough, security forces killed four terrorists, including top Fitna al-Khawarij, Tehreek-e-Taliban Pakistan (TTP), commander in Khyber Pakhtunkhwa’s Bajaur district, the military’s media wing said on Thursday. In a statement, the Inter-Services Public Relations (ISPR) said on the night of October 29 and 30, the movement of a group of terrorists, who were trying to infiltrate through the Pakistan-Afghanistan border, was picked up by the security forces in Bajaur district. “Own troops effectively engaged and thwarted Khawarij’s attempt to infiltrate,” it said, adding that as a result of precise and skilful engagement, four militants, including kharji leader and…

China has urged the United States to uphold its international obligations under the Comprehensive Nuclear-Test-Ban Treaty (CTBT) after U.S. President Donald Trump ordered the Pentagon to resume nuclear weapons testing “on an equal basis” with Russia and China. The statement marks a sharp response from Beijing amid growing regional tensions over nuclear expansion. Chinese Foreign Ministry spokesperson Guo Jiakun said Beijing “hopes the U.S. will abide by the CTBT and maintain its commitment to suspend nuclear tests.” The comments, reported by China’s state-run Global Times, came shortly after Trump’s directive reignited concerns about a potential new arms race among nuclear powers.…

BUSAN, South Korea, Oct. 30 (Xinhua) — Chinese President Xi Jinping said here Thursday that economic and trade teams of China and the United States held in-depth talks and reached consensus on solutions to problems. He made the remarks during a meeting with his U.S. counterpart, Donald Trump, after landing in Busan for the 32nd APEC Economic Leaders’ Meeting in Gyeongju, and a state visit to South Korea. Noting that economic and trade interactions should remain ballast and driver of ties, not obstacles or sources of conflict, Xi called on both sides to focus on long-term benefits brought by cooperation…

BUSAN, South Korea, Oct. 30 (Xinhua) — Chinese President Xi Jinping said here Thursday that the Chinese economy is like a vast ocean, big, resilient and promising, and that we have the confidence and capability to navigate all kinds of risks and challenges. He made the remarks during a meeting with his U.S. counterpart, Donald Trump, after landing in Busan for the 32nd APEC Economic Leaders’ Meeting in Gyeongju, and a state visit to South Korea. Xi stressed that there is a good momentum in China’s economic development. In the first three quarters of this year, China’s economy increased by…

BUSAN, South Korea, Oct. 30 (Xinhua) — Chinese President Xi Jinping said here Thursday that he is ready to continue working with U.S. President Donald Trump to build a solid foundation for bilateral ties, and create a sound atmosphere for the development of both countries. In a meeting with Trump, Xi said under their joint guidance, China-U.S. relations have remained stable on the whole. “China and the United States should be partners and friends. That is what history has taught us and what reality needs,” he said. Given different national conditions, the two sides do not always see eye to…

BEIJING, Oct. 29 (Xinhua) — China is doubling down on technological innovation to fuel its high-quality development in the next five-year period. This transition is poised to generate significant positive spillovers for global prosperity. In contrast to the narrative of those who doubted China’s sustained growth, some Western voices now concede its momentum but claim its tech surge is “crowding out” their own countries’ room to expand. They identify China’s massive potential but arrive at wrong conclusions about its global implications. The Communist Party of China concluded a pivotal meeting last week, approving recommendations for the country’s 15th Five-Year Plan,…

BEIJING (Xinhua) — Amid mounting trade shocks and heightened geopolitical uncertainties, Chinese President Xi Jinping will join leaders from APEC economies in South Korea in the coming days, in a bid to build consensus for shared prosperity and reaffirm China’s commitment to open, inclusive economic globalization. The International Monetary Fund has projected that economic growth in the Asia-Pacific will slow from 4.5 percent this year to 4.1 percent in 2026, a sobering forecast that underscores the urgency to keep the spirit of cooperation alive, and foster new drivers and growth momentum during these challenging times. As the leaders gather once…