The US economy remains heavily dependent on Chinese inputs for many manufactured goods. An abrupt and full separation would cause massive economic shocks to both supply and demand. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

APEC is a regional economic forum of 21 member economies that promotes free trade and investment. Established in 1989, its goal is to foster prosperity through economic cooperation by making trade easier, promoting inclusive growth, and addressing economic challenges through dialogue and voluntary, non-binding commitments.

The forum includes 21 countries from around the Pacific Rim and is a major driver of global economic activity. The APEC member countries include the United States, China, Russia, Japan, Canada, South Korea a

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