Japan calls for fair economic order at APEC meeting

"In today's world, where uncertainty in the global economy is ever-increasing, it is crucial to strengthen a free, fair and rules-based international economic order," the Japanese Foreign Ministry on Wednesday quoted Motegi as saying at the meeting.

Motegi's remarks appeared to reflect concerns over economic coercion and protectionism.

Japanese industry minister Ryosei Akazawa criticized China's export restrictions on rare earths, saying that arbitrary export restrictions on critical minerals that could disrupt supply chains should be avoided.

Chinese Foreign Minister Wang Yi, who co-chaired the gathering, stressed the importance of maintaining the multilateral trading system. 

Economic globalization is facing headwinds, he said, apparently referring to the U.S. trade policy focusing on its own national interests. 

Chinese Commerce Minister Wang Wentao, who also co-chaired the meeting, called for adherence to free trade.

China will host a summit of APEC leaders in Shenzhen, Guangdong Province, on Nov. 18-19. Cooperation on artificial intelligence and the digital economy will be main agenda items at the meeting, according to the APEC Secretariat.