ASIA Pacific Economic Cooperation Leaders met in port Moresby as the United States and China swapped barbs over trade, investment and regional security.

The growing fault lines among the members suggested little prospect of consensus at the weekend meeting.

China’s efforts to win friends in the resource-rich pacific have been watched warily by the traditionally influential powers in the region – Australia and the United States there have been concerns that small countries that sign up for infrastructure projects will be left with debt burdens they cannot service.