Asia-Pacific leaders seeks ways to foster growth

October 5, 2013 • Business

An Indonesian special forces soldier patrols on his armored vehicle outside the venue of the Asia-Pacific Economic Cooperation (APEC) forum in Bali, Indonesia, Sunday, Oct. 6, 2013. (AP Photo/Dita Alangkara)

BALI, Indonesia (AP) — Indonesia’s President Susilo Bambang Yudhoyono is urging Asian business and political leaders to do more to counter the economic headwinds confronting developing countries by dismantling barriers to trade and investment.

Yudhoyono told a regional summit that as advanced economies are gaining speed, emerging economies are slowing, dogged in some cases by trade deficits, capital flight and weakening currencies.

“The advanced economies are experiencing recovery and showing faster growth while emerging economies Login to read more

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