US-led Indo-Pacific Deal Seeks to Challenge China’s Belt and Road

US-led Indo-Pacific Deal Seeks to Challenge China’s Belt and Road
Japan's Prime Minister Fumio Kishida, US President Joe Biden, and India's Prime Minister Narendra Modi attend the Indo-Pacific Economic Framework for Prosperity at the Izumi Garden Gallery in Tokyo on May 23, 2022. SAUL LOEB/AFP via Getty Images
Venus Upadhayaya
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President Joe Biden announced the Indo-Pacific Economic Framework (IPEF) for “expanding U.S. economic leadership” in the Indo-Pacific on May 23 in Tokyo with a dozen others including the Quad partners, Japan, Australia, and India, that have traditionally kept out of China’s Belt and Road Initiative—the regime’s trillion-dollar infrastructure investment program aimed at bolstering Beijing’s global economic and political clout.

“IPEF will strengthen our ties in this critical region to define the coming decades for technological innovation and the global economy,” the White House said in a statement on the day of the announcement.

Venus Upadhayaya
Venus Upadhayaya
Reporter
Venus Upadhayaya reports on India, China, and the Global South. Her traditional area of expertise is in Indian and South Asian geopolitics. Community media, sustainable development, and leadership remain her other areas of interest.
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