Twenty-one world leaders approved a proposal Tuesday to move forward on a China-backed free trade deal for Pacific Rim economies, dpa reported. Chinese President Xi Jinping called the move a historic first step in his closing remarks at the Asia-Pacific Economic Cooperation (APEC) summit hosted by Beijing. "I believe our discussions today are of great significance. We can say with pride that we did the right thing," Xi told the other leaders, including President Barack Obama and Russia's Vladimir Putin.
