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China's President Xi Jinping, left, attends a welcome ceremony at Parliament House in Port Moresby, Papua New Guinea on Nov. 16. Xi promised further infrastructure assistance during the state visit ahead of APEC.   © Reuters
China up close

US and China ruin Asian cooperation with their battle for supremacy

25 years on, APEC turns into a finger-pointing exercise

KATSUJI NAKAZAWA, Nikkei senior staff writer | China

TOKYO -- Twenty-five years after the first Asia-Pacific Economic Cooperation summit in Blake Island, Seattle, the regional forum has degenerated into a battle for influence between the U.S. and China.

The 21-nation body had just 14 members back in 1993, but there was a sense of optimism in the air.

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