World leaders, CEOS, protesters and thousands of others will soon descend on San Francisco for a high-profile trade summit that could give the battered city a chance to reverse its image as a powerhouse in decline
World leaders, CEOs, protesters and thousands of others will soon descend on San Francisco for a global trade summit that could give the battered city a chance to reverse its image of an economic powerhouse now in decline. The annual Asia-Pacific Economic Cooperation leaders’ summit will be San Francisco 's largest international gathering since dignitaries gathered in 1945 to sign the charter creating the United Nations .
finance ministers and foreign press, the summit is also expected to draw an array of people protesting human rights abuses, authoritarian regimes, the Israel-Hamas war and the fossil fuel industry. Some critics complain events like prioritize corporate profits over everyday people. is a regional economic forum established in 1989 and has 21 member countries. “I think it’s very cynical to be using it like an Instagram moment, basically to sell real estate in the city,” said Karl Kramer, campaign co-director for the San Francisco Living Wage Coalition. The pandemic decimated the city's main economic drivers of tourism and tech.
really is a moment to say, ‘Hey, we’re open for business, we’re open for business, Asia,’' he said. —- Associated Press journalists Haven Daley in San Francisco and Huizhong Wu in Bangkok contributed to this report.
San Francisco Global Trade Summit Economic Powerhouse Asia-Pacific Economic Cooperation United Nations
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