GYEONGJU, SOUTH KOREA - OCTOBER 31: Ren Hongbin, Chairman of the China Council for the Promotion of International Trade, delivers a speech to business leader during closing ceremony of the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Leaders and delegates from 21 APEC economies are gathering in South Korea for the upcoming APEC summit, where talks are expected to center on trade, supply chain stability, and technology cooperation. The meetings come amid heightened regional tensions and efforts to boost growth through closer economic integration, and as U.S. President Trump tours Asia on a six-day visit. (Photo by Ezra Acayan/Getty Images)