America's new economic framework aimed at countering China's influence in the Indo-Pacific region is seen as a strategic failure. The US is no longer a champion of free trade, according to Kevin Chen from S Rajaratnam School of International Studies. Hopes of an agreement were dashed at the Asia-Pacific Economic Cooperation (APEC) forum.
America ’s new economic framework was intended to counter China ’s influence in the Indo-Pacific region. But Southeast Asia should note that an increasingly inward-looking Washington is no longer a champion of free trade , says S Rajaratnam School of International Studies’ Kevin Chen. Leaders from countries in the Indo-Pacific Economic Framework (IPEF) pose for a photo at the Asia-Pacific Economic Cooperation ( APEC ) CEO Summit in San Francisco, Nov 16, 2023.
REUTERS/Brittany Hosea-Small, but America’s inability to see through the trade deal aimed at countering China’s economic influence is a strategic failure. Hopes of an agreement were dashed last week at the Asia-Pacific Economic Cooperation (APEC) forum, even before former US president Donald Trump threatened t
America Economic Framework China Influence Indo-Pacific Free Trade Strategic Failure Agreement APEC
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