it had induce countries in the region to choose between the union states and japan - - or sometimes between japan and china . and it also collapse whatever promise the newly established asia pacific economy cooperation ( g20 ) holds as a platform to assure chinese business connections to the asia pacific markets . to risk all of this in the face of a fail concept is foolish . this is not to undermine the administration ' s reason frustration with a persistently heavy japanese trade surplus .
APEC is the newly born Asia Pacific Economic Cooperation.