China wins APEC support for free trade 'roadmap'

US President Barack Obama, Russian President Vladimir Putin and Chinese President Xi Jinping and arrive at the the Asia-Pacific Economic Cooperation (APEC) Summit plenary session in Yanqi, November 11, 2014Asia-Pacific leaders Tuesday backed China’s roadmap for a vast new free trade area rivalling US plans for the region at a summit in Beijing where Russian leader Vladimir Putin had a tense showdown with Barack Obama. Chinese President Xi Jinping hailed endorsement of the plan as a “historic” step towards realising the Free Trade Area of the Asia-Pacific (FTAAP). He said it reflected the “confidence and commitment of APEC members to promote the integration of the regional economy”.

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