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US Readies Economic Strategy to Counter China – WSJ

The framework aims to fill a hole in the US’ Asia strategy left by Trump’s move in 2017 to quit from Trans-Pacific Partnership, a pact his predecessors designed as a counterweight to China

Joe Biden
Joe Biden and his predecessors have been looking to boost US output of lithium, rare earths and other strategic minerals while balancing opposition from environmental and indigenous groups. Photo: Reuters.


The Biden administration is preparing to unveil its first broad economic strategy for the Asia-Pacific region, a move awaited by US allies and American business groups that are uneasy about China’s expanding influence in the region, The Wall Street Journal reported.

With the new Indo-Pacific Economic Framework, the US aims to work more closely with friendly nations on issues including digital trade, supply chains and green technology. The framework is aimed at filling the hole in the US’ Asia strategy left by its 2017 departure from the Trans-Pacific Partnership, a robust trade agreement the US had helped to design as a counterweight to China.


Read the full report: WSJ.





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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.


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