APEC leaders commit to quick economic action

The United States, China, Japan and 18 other economies in Asia and the Americas promised fast and decisive action to prevent a severe global economic downturn. China, India Rising Hu's Proposals Small Rise in Dollar Reserve Suggested Leaders Stand by Free Trade
Peruvian President Alan Garcia (C, arm raised) talks to fellow leaders at the end of the group photo at the Asia-Pacific Economic Cooperation summit in Lima, November 23, 2008.
China set to show the way forward
Bush to warn of protectionism at economic summit
President George W. Bush, wrapping up his final summit with world leaders, offered a message of hope that despite the worst economic crisis in decades, the global economy will emerge in better shape.