Tag: Indo-Pacific Economic Framework

At G20 Summit, Xi and Biden Offer Rival Visions for Solving Global Issues

Chin@Strategy

BALI, Indonesia — While President Biden and his Chinese counterpart, Xi Jinping, have eased tensions between their countries, they are vying for influence in Asia and beyond, offering competing stances on how to address poverty and the war in Ukraine. Mr. Xi has cast China as a steadfast partner to the region, rejecting what he described as the United States’ “Cold War mentality” of forming security alliances. At the Group of 20 summit on Tuesday, he spoke loftily about China’s “global initiatives” to fight poverty and strife, while remaining publicly…

Biden Administration Begins Trade Dialogue With Taiwan

Chin@Strategy

WASHINGTON — The Biden administration on Wednesday said that it would pursue negotiations to strengthen trade and technology ties with Taiwan, a move that is aimed at countering China’s influence in the Asia-Pacific region and one that is likely to rankle Beijing. The announcement follows the Biden administration’s efforts to build an Asia-Pacific economic bloc, known as the Indo-Pacific Economic Framework, that includes 13 countries and excludes Taiwan. China claims the island, a self-governing democracy that is critical to global technology supply chains, as an incontestable part of its territory.…