APEC, ASEAN provide peek into 'new world order': analyst


Posted at Nov 07 2017 10:09 AM | Updated as of Nov 07 2017 10:32 AM

MANILA - High-level meetings among Pacific Rim leaders this month will provide insights into a "new world order," according to an analyst from The Economist Intelligence Unit.

Vietnam will host the Asia Pacific Economic Cooperation meetings this week, to be followed by the Association of Southeast Asian Nations summit in the Philippines.

"There is a new global order. APEC, ASEAN meetings will be sort of defining that because we have the key global leaders today under one roof," analyst Anwita Basu said on ANC's Early Edition.

Basu said markets would watch closely how world leaders craft their messages, especially US President Donald Trump, who is on his longest trip to Asia.

Trump, who assumed office in January, has signaled a more inward-looking US, underscoring the rise of the right around the world.