China wins support for Asia-Pacific trade plan
Source: AP-Excite
HUAIROU, China (AP) Asia-Pacific leaders have agreed to work toward possible adoption of a free-trade deal promoted by China, a win for Beijing in its quest for a bigger role in managing trade policy.
Chinese President Xi Jinping announced the decision Tuesday after a two-day Asia-Pacific Economic Cooperation summit of leaders including U.S. President Barack Obama and Russia's Vladimir Putin.
He said they agreed to launch a two-year study of the proposal, a first step in a lengthy process toward possible adoption.
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U.S.President Barack Obama, left, shakes hands with Chinese President Xi Jinping during a welcome ceremony for the Asia-Pacific Economic Cooperation (APEC) summit at the International Convention Center in Yanqi Lake, Beijing, China Tuesday, Nov. 11, 2014. (AP Photo/Ng Han Guan)
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