Sunday, 13 November 2011

Pacific trade pact gains, but friction remains (AP)

President Barack Obama answers questions at the APEC CEO Summit with Boeing Chief Executive Officer Jim McNerney in Honolulu, Hawaii on Saturday, Nov. 12, 2011. (AP Photo/Charles Dharapak)AP - A further step toward a U.S.-backed free trade bloc handed Asia-Pacific leaders a rare tangible achievement from their annual summit, but highlighted growing competition with China for influence in the fast rising region.



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