After two days of meetings in Lima that rarely ventured beyond platitudes in discussing the strategies of the region’s major economies, the Asia-Pacific Economic Cooperation forum wraps up with a spirit of detente that many fear the annual summit may not see again for four years.

Leaders of Pacific Rim countries including the U.S. and China gathered Friday in Peru for an Asia-Pacific Economic Cooperation meeting, the first major<a class="excerpt-read-more" href=" More