The U.S. Is Hosting APEC. But Its Asia Strategy Is Missing.

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Text size About the authors: Kurt Tong is managing partner at The Asia Group and was previously the U.S. chief of mission in Hong Kong and U.S. ambassador for the Asia-Pacific Economic Cooperation group. Chuin Wei Yap is program director for international trade research at the Hinrich Foundation. He previously was a trade policy manager with Singapore’s Ministry of Trade and Industry and a Wall Street Journal correspondent. What a difference a dozen years can make. The last time the U.S. took the chair of the Asia-Pacific Economic Cooperation forum, in 2011, the regional economic policy conversation was all about...