US economic plan to confront China

During his visit to Japan and his meeting today with the leaders of the Quartet, which includes India, Australia and Japan, US President Joe Biden will unveil a trade agreement in the name of the Comprehensive Indo-Pacific Partnership.

The agreement aims to connect countries in the region more closely in areas including trade, supply chains, clean energy, infrastructure and digital, what officials in the Biden administration call “the economic arrangements for the twenty-first century.”

The US President arrived in Japan on Sunday evening, which is his second Asian stop, where he will meet with the leaders of Japan, India and Australia, the new quadripartite alliance that is the cornerstone of Biden’s strategy to confront China’s growing influence and ambitions.

Biden will meet in Tokyo today with Emperor Naruhito before holding talks with Prime Minister Fumio Kishida about Japan’s plans to expand its military capabilities and counter China’s growing influence in the region.

The Quad countries share fears of an increase in Chinese influence, but they avoid publicly declaring an anti-Chinese agenda, and are looking at ways to prevent Chinese aggression against Taiwan similar to the Russian aggression against Ukraine. The agreement will not include Taiwan, a hotspot between the United States and China. It is certain that the inclusion of Taiwan in the countries participating in the agreement would have angered China, of which Taiwan is a part, so the Biden administration preferred to keep Taiwan outside this agreement.

Chinese Foreign Minister Wang Yi criticized the US strategy in the Indo-Pacific region, and said about the agreement to enhance cooperation that Biden is seeking is “doomed to failure.”
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