Indo-Pacific economic bloc irks China but it may not be all bad for region

The Indo-Pacific Economic Framework signals the start of competition within global institutions between the US and China. While this could have destructive effects, it also has the potential to inspire institutional reform and for great powers to provide more public goods.

Source link

About Daily Multan

Check Also

How China’s yuan stands to gain with US Fed’s tightening ‘coming to an end’

US Federal Reserve has been gradually raising interest rates for the past year to combat …

Leave a Reply

Your email address will not be published. Required fields are marked *