U.S. announces major Asia economic deal in effort to boost profile, counter China
Written by Black Hot Fire Network on May 23, 2022
U.S. President Joe Biden, pictured here on Thursday, April 21, 2022, has launched the Indo-Pacific Economic Framework for Prosperity (IPEF) with a dozen initial partners.
Yuri Gripas | Abaca | Bloomberg | Getty Images
In a move to raise its economic profile and create another counterbalance to China within Asia, the United States announced on Monday the Indo-Pacific Economic Framework with Asian partners.
It's a broad plan designed to help expand the U.S.' "economic leadership" in the Indo-Pacific region. The group wants to set international rules on the digital economy . . .
