U.S. Strengthens Economic and Trade with Indo-Pacific and Japan to Put Pressure on CCP

Translated by: MOS Gourmet Team – AlexZ

On Nov. 17th, U.S. Commerce Secretary Gina Raimondo said the Indo-Pacific Economic Framework could be launched early next year. The United States will not join the Comprehensive and Progressive Agreement on Trans-Pacific Partnership, but it will seek like-minded countries in the Indo-Pacific region to establish an economic framework that is broader and freer than traditional free trade agreements. 

On the other hand, on the same day, the United States and Japan announced the establishment of a new US-Japan Trade Partnership to strengthen cooperation on labor, environment, and digital trade issues, indicating that the focus is on concerns about third countries, but in fact, it is aimed at the CCP.

Analysts said that the above-mentioned measures were taken by the United States to respond to the CCP’s expansion in this region; Washington should continue to keep pressure on Beijing to force the CCP to change its trade behavior.

Proofread by: Saturn

Posted by: Saturn

Reference: https://www.voachinese.com/a/us-asia-trade-20211119/6320176.html

For more information, please follow us at:

New York MOS Himalaya |GTV

New York MOS Himalaya |MOS TALK

New York MOS Himalaya | GETTR

New York MOS Himalaya |YouTube

Free to Join New York MOS Himalaya | Discord

Disclaimer: This article only represents the author’s view. Gnews is not responsible for any legal risks.

0 Comments
Inline Feedbacks
View all comments