China and USA clash on trade at heated APEC summit

A group of young boys come out of a family shack in the Gehrehu settlement of Port Moresby Papua New Guinea

A group of young boys come out of a family shack in the Gehrehu settlement of Port Moresby Papua New Guinea

"Global growth is shadowed by protectionism and unilateralism", Xi told delegates, saying that erecting barriers and cutting ties was a short-sighted approach doomed to fail.

In an advisory sent to members of the media, Malacañang said that Duterte will skip the last day of the Asia Pacific Economic Cooperation (APEC) Summit held in Papua New Guinea and will fly back to Davao City late Saturday evening.

In a major speech, Xi also stressed that there would be no winners from a trade war or a new cold war amid increasing rivalry between the world's top two economies.

"It is the bilateral meetings, the sideline meetings that perhaps tell us more about what's going on here", Thomas said.

We don't drown our partners in a sea of debt, we don't coerce, corrupt or compromise your independence.

There have been concerns that small countries that sign up for infrastructure projects will be left with debt burdens they can not service, something Pence highlighted.

"We don't offer a constricting belt or one-way road", Pence said.

Prime Minister Scott Morrison on Saturday told reporters that Australia was willing to partner with China, as well as with the U.S. and Japan, on infrastructure development if projects were transparent and didn't create debt burdens.

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President Trump was not at the summit, but will meet with Jinping in at the G-20 summit in Argentina that begins later this month, Reuters reported.

"We filled forms for passes - with the global media - yesterday, around midday, thinking the issue of (airport) access would have been resolved by now".

Just minutes earlier, Mr. Xi had spoken at length about his initiative and the need for free trade across the region.

Mr. Trump has imposed tariffs on $250 billion worth of Chinese imports to force concessions on a list of demands that would change the terms of trade between the two countries.

"By withdrawing from multilateral trade agreements and pursuing unilateral tit-for-tat tariffs that are damaging not just for the US and China, but for the broader regional and global trading system, the Trump administration is putting itself at odds with America's Asian allies and partners", he said.

"The United States will partner with Papua New Guinea and Australia on their joint initiative at Lombrum Naval Base", he said.

"The United States, though, will not change course until China changes its ways". "The United States deals openly and fairly".

Xi gave no indication of giving in on some key USA demands, including an end to technology transfer, support for state-run enterprises, and giving up on its Made in China 2025 plan to lead the world in key industries.

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