Xi Jinping at APEC: AI Governance Push, Trade Truce & Supply Chain Unity
Summary: At the APEC summit, Chinese President Xi Jinping advocated for global cooperation on artificial intelligence governance, secured a temporary trade truce with the United States, and urged members to stabilise supply chains amid global uncertainty.
AI Governance Takes Center Stage
Xi proposed a new multilateral mechanism to coordinate standards and safeguards for AI development — a strategic move to influence global digital governance.
Trade Truce with the United States
China and the U.S. announced a one-year pause in further trade escalation, including easing rare-earth related restrictions — a welcome signal to global markets.
Call for Supply Chain Unity
Xi urged Asia-Pacific economies to protect supply chains from “fragmentation,” emphasizing that cooperation is crucial for long-term stability.
Diplomatic Outreach
Xi met leaders on the sidelines, including key U.S. partners in Asia, spotlighting Beijing’s intent to stabilize regional relations.