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The poorest nation in the Pacific will host its richest economic get-together, and it could descend into a dash for cash





APEC 2018

  • This weekend, 21 world leaders will make their way to Papua New Guinea for the Asia Pacific Economic Cooperation (APEC) summit, an event marked by controversy and questionable fashion photo ops.
  • The Pacific region is quickly turning into a contest for influence aligning China against everyone else.
  • China is winning for now, but impoverished nations like Papua New Guinea often come out the loser.

The Asia Pacific Economic Cooperation Leaders’ Summit or APEC, if you’re feeling a little lost amid the proliferation of global get-togethers is the one where all the leaders line up afterward in colorful shirts, looking — as some commentators read more >>>

Source:: BusinessInsider.Com

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