If the IPEF seems to offer little to its Southeast Asian members, that’s because it was never really meant to. Instead, the framework is another attempt to bring India into the Western fold while positioning it more strategically in the Indo-Pacific trade network. Source link
Read More »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
Read More »Ex-Malaysia PM Mahathir says US-led trade group set up to isolate China
He was referring to the 13-nation Indo-Pacific Economic Framework set up by President Biden for the US and Asian countries to work closely together, of which China is not a part. Source link
Read More »China lashes out at US and Japan ahead of Biden’s Asia tour
Diplomatic observers said the twin-pronged assault was unusually strongly worded and it was rare to take aim at Washington and Tokyo on the same day Source link
Read More »Biden’s Ohio moment only a mirage of bipartisanship with Republicans
The US president’s plan to increase domestic manufacturing was a rare moment of cross-party cooperation which is likely to be fleeting. With Republicans set to reclaim control of Congress, expect less action on issues important to voters and more nihilism. Source link
Read More »US Indo-Pacific economic strategy could edge out China’s digital silk road
Digital trade is the top selling point of the framework, which the US is set to discuss at the Asean special summit this week. But first, both sides have to tackle a big sticking point: intellectual property protection. Source link
Read More »China’s trade ties with Asia ‘too large’ to suffer over stance on Ukraine war
While China’s stance on Russia’s invasion of Ukraine remains a lightning rod for debate around the world, analysts in Asia say the region’s economic dependence on the world’s No 2 economy is too huge to crumble amid the geopolitical rifts caused by the war. The United States and European Union …
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