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Friday, November 13, 2009

Apec looks to China for recovery



China's president Hu Jintao is set to give a major speech to senior business figures in Singapore, as Asia-Pacific leaders gather for the start of the annual Apec economic summit. Hu is expected to set out his vision for sustained recovery in the global economy, with China taking a leading role. The speech to the so-called CEO summit is likely to set the tone for much of the weekend's gathering, with US president Barack Obama due to join other regional leaders in Singapore on Saturday. Much discussion at the summit would centre on China's role as the economy that is the best hope for leading the world out of economic decline.

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