China the lone holdout on APEC inclusive, sustainable trade ‘principles’

China is the only Asia-Pacific Economic Cooperation country opposed to newly developed plans to foster inclusivity and sustainability in trade and investment policy among the members of the forum, though U.S. Trade Representative Katherine Tai on Wednesday said she remained optimistic that the so-called “San Francisco Principles” would be finalized soon. In remarks at the start of a second day of an APEC ministerial in San Francisco, Tai noted that the forum’s trade ministers at a May meeting in Detroit...