Apec set to launch study on China-backed free trade area


LEADERS will agree to launch a study on a China-backed free trade area at next week's Asia-Pacific Economic Cooperation (Apec) meeting here, an APEC official said, amid controversy over competing US and Chinese visions for regional trade.

China is pushing the Free Trade Area of the Asia-Pacific (FTAAP) at Apec, but some see the proposal as a way to divert attention from the more comprehensive US-backed Trans-Pacific Partnership (TPP) plan being negotiated by 12 countries, not including China....

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