Analysts say breakthrough unlikely at Chile, debate impact of U.S. absence

Former U.S. trade officials and academic experts doubt that a major new trading initiative for the Asia-Pacific will be announced at the regional trade ministers meeting in Chile next month, while splitting over whether the absence of the United States at the meeting would allow China to take advantage of a void in U.S. trade leadership in the region. Another open question is which administration official the United States would send if it does decide to attend to the March...