Indo-Pacific Economic Framework

Posted on AllSides May 23rd, 2022
From The Left
World, Indo-Pacific Economic Framework
Doug Mills/The New York Times

President Biden has enlisted a dozen Asia-Pacific nations to join a new loosely defined economic bloc meant to counter China’s dominance and reassert American influence in the region five years after his predecessor withdrew the United States from a sweeping trade accord that it had negotiated itself.

The alliance will bring the United States together with such regional powerhouses as Japan, South Korea and India to establish new rules of commerce in the fastest-growing part of the world and offer an alternative to Beijing’s leadership. But wary of liberal opposition...

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https://www.nytimes.com/2022/05/23/world/asia/biden-asian-pacific-bloc.html

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