What to Expect From Next Week's APEC Summit

The transcript discusses the political situation in Hong Kong and its limited impact on the APEC Summit, which is primarily focused on trade. It highlights China's efforts to establish its own free trade area in the Asia Pacific and its investment strategies, contrasting them with the US-led Trans-Pacific Partnership. The discussion points to a growing rivalry between the US and China in establishing trade zones, with many countries potentially participating in both.

What role is China trying to take in the Asia Pacific region according to the text?

What is the significance of the Asian Investment Bank mentioned in the text?