Three signs from APEC that the U.S., China remain far apart on trade
Second is whats next for the U.S. and China. There‘s little detail yet on how the two sides will move forward with implementing “constructive strategic stability,” beyond China’s purchase of 200 Boeing airplanes and $17 billion annually in U.S. agricultural products through 2028. A Chinese readout released early Saturday said Wang met Thursday in Suzhou with Rick Switzer, the U.S. Deputy Trade Representative and head of the U.S. delegation for the APEC trade ministers meeting. The readout said both sides hoped to reach an agreement as soon as possible on the details of economic outcomes from the Trump-Xi meeting — an indication that differences still remain. The U.S. embassy in Beijing and the U.S. State Department did not immediately respond to a request for comment. The AI race Third is a broadening of the U.S. and Chinese tech race into Asia. The APEC trade ministers meeting reached a “new consensus” on digital trade cooperation, Wang said. When asked to elaborate, Lin Feng, director-general of the Chinese Commerce Ministrys department of international trade and economic relations, noted plans to make it easier for e-commerce companies to do business in the region, and a “commitment to strengthening trade exchanges related to AI.” Lin noted efforts to “narrow the digital divide” but