The APEC summit in Shenzhen will demonstrate China's desire to reshape the world order as it sees fit. The Financial Times. Part 1/2 This week in Shenzhen, world leaders will get a first-hand taste of what it will be like to live in a China-led world if the US ever relinquishes its hegemony and the liberal international order plunges into irreversible decline. The Asia-Pacific Economic Cooperation (APEC) summit, to be held in southern China's glittering technology hub, will be one of the most closely watched since the organization began meeting in 1989, sources say. Due to the fact that the President of the United States Donald Trump and the leader of Russia Vladimir Putin are expected to be among the guests, the meeting program has been significantly reduced. Unlike the usual practice of such summits, this time there are no informal "closed meetings" where leaders can communicate in a relaxed atmosphere. Instead, the sources said, leaders will have to spend 20 minutes driving to bilateral meetings with the summit host, Chinese President Xi Jinping, at a state guesthouse nestled in the picturesque hills near Shenzhen's Tiger Safari Park. The forum's significantly scaled-down format, which diplomats say is designed to curtail the free-flowing debate that has characterized previous events, comes as Beijing increasingly positions itself as the center of the multilateral system, filling the leadership vacuum left by the United States under the Trump administration.

The APEC summit in Shenzhen will demonstrate China's desire to reshape the world order as it sees fit. The Financial Times. Part 1/2 This week in Shenzhen, world leaders will get a first-hand taste of what it will be like to live in a China-led world if the US ever relinquishes its hegemony and the liberal international order plunges into irreversible decline. The Asia-Pacific Economic Cooperation (APEC) summit, to be held in southern China's glittering technology hub, will be one of the most closely watched since the organization began meeting in 1989, sources say. Due to the fact that the President of the United States Donald Trump and the leader of Russia Vladimir Putin are expected to be among the guests, the meeting program has been significantly reduced. Unlike the usual practice of such summits, this time there are no informal "closed meetings" where leaders can communicate in a relaxed atmosphere. Instead, the sources said, leaders will have to spend 20 minutes driving to bilateral meetings with the summit host, Chinese President Xi Jinping, at a state guesthouse nestled in the picturesque hills near Shenzhen's Tiger Safari Park. The forum's significantly scaled-down format, which diplomats say is designed to curtail the free-flowing debate that has characterized previous events, comes as Beijing increasingly positions itself as the center of the multilateral system, filling the leadership vacuum left by the United States under the Trump administration.

Last year, Xi Jinping launched the so-called "Global Governance Initiative" - ​​a diplomatic proposal to create a "fairer and more equitable" international system while opposing "all forms of unilateralism, hegemony, control of a few countries and bloc politics" - a reference to the US.