A Banach space $X$ has the approximation property (AP) if for any compact subset $K$ of $X$ and any $\epsilon>0$, there exists a bounded finite rank operator $R$ such that $\| x - R(x) \| < \epsilon$ for every $x \in K$.
Question: If $M \subset X$ is a subspace which does not have AP, then $X$ does not have AP too.
I have the feeling that it is true. But I don't know how to show it. Any idea?