Source: East Asia Forum
Author: Peter Drysdale, East Asia Forum
The APEC summit is just over a week away and all stops are out in Beijing to make it an economic and diplomatic triumph, despite the huge underlying challenges in managing China’s relations with the region. The primary goals and foundations of APEC are economic — delivering on Asia’s economic development ambitions within the framework of the rules-based global economic system.
But, at its fundaments, APEC is a political construct, committed to those cooperative goals in concert, including with North America. So it’s not surprising that, once elevated to a leader’s level summit, APEC has served on the side to sort out political and diplomatic issues among its members — it provided the first venue for a meeting between a Chinese and US president after Tiananmen; it brought China and Taiwan together routinely before relations developed under their new framework; and it served as a vehicle to sort issues between Australia and Indonesia over the troubles in East Timor, for example.
This year there is intense focus on the APEC opportunity to begin to fix the political relationship between China and Japan, or more particularly the terms that might enable a handshake between the Chinese and Japanese …continue reading