Blocks within and without APEC

[lenish]

"The threat to the grouping’s (APEC) relevancy comes in the very sort of politics that APEC was designed to avoid. The United States, frustrated with a Chinese leadership that has benefitted from membership in international trade organizations while refusing to fully open its own markets or allow its currency to float, is working to gather the economies it considers friendly in a proposed free-trade area dubbed the Trans-Pacific Partnership."

http://www.theglobeandmail.com/news/world/blocs-within-blocs-undermining-apec/article4528865/?cmpid=rss1