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Tue, Oct 23, 2001 - Page 21 News List

Economics an afterthought at APEC

By William Pesek Jr.  /  BLOOMBERG , SHANGHAI

While APEC calls itself a "forum," it's become more of a weekend cocktail party. Pacific Rim leaders get to know each other -- or avoid each other, depending on relations -- and have their photo taken with one another in local costume. The gatherings have evolved into opportunities to meet world leaders and gain insights into what to expect when they get down to negotiating trade deals.

William Pesek Jr. is a columnist for Bloomberg News. The opinions expressed are his own.

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