Professor Julien Chaisse, an associate member of CCCL, explains that the event takes place at a vulnerable time in world affairs, marked by geopolitical conflicts and economic challenges. In 1990, 41.7% of the APEC population lived below the poverty line and this figure has now fallen to 1.8% in 2022. And, the decrease in the number of extremely poor people is largely the result of China's impressive economic development. Trade and investment between APEC economies has increased from 45.2% to 67.9% of their current total trade.
Read the full article here: Nhật Đăng, The APEC Leaders' Week in Thailand, Al Jazeera, November 19, 2022 < https://tuoitre.vn/kho-khan-khien-apec-muon-hop-tac-hon-2022111908375425.htm >