Advertisement
Advertisement
Advertisement
Advertisement
‘Doomed to Fail,’ says Chinese FM ahead of quad meet

‘Doomed to Fail,’ says Chinese FM ahead of quad meet

‘Doomed to Fail,’ says Chinese FM ahead of quad meet
Advertisement

Chinese Foreign Minister Wang Yi declared that the United States’ Indo-Pacific strategy is “doomed to fail,” speaking when President Joe Biden is in the area to strengthen engagement with allies and challenge China’s expansion and influence.

“Facts will prove that the so-called “Indo-Pacific strategy” is essentially a strategy for creating divisions, a strategy for inciting confrontation, and a strategy for destroying peace,” the Chinese foreign ministry said in a statement after Wang met with his Pakistani counterpart, Bilawal Bhutto, in Guangzhou on Sunday.

Biden met with South Korea’s newly elected leader, Yoon Suk Yeol, on his maiden trip to Asia as president of the United States.

On Monday, he will meet with Japanese Prime Minister Fumio Kishida in Tokyo, followed by a Quadrilateral summit with Japan, Australia, and India the following day.

Biden also intends to present the Indo-Pacific Economic Framework at an event that will include virtual appearances by other regional leaders.

Advertisement

The IPEF is critical to the Biden administration’s efforts to undermine China’s dominance in Asia following the US exit from discussions on the Trans-Pacific Partnership regional trade pact under former President Donald Trump.

Clean energy, supply-chain resilience, decarbonization, infrastructure, taxes, and anti-corruption are among the framework’s cornerstones.

The US has not announced which countries would be part of the IPEF pact at this time, but more countries are anticipated to join in in the coming months.

Over 50 US senators wrote to Biden last week requesting him to consider Taiwan as a partner in the IPEF.

For the latest International News Follow BOL News on Google News. Read more on Latest International News on oldsite.bolnews.com

Advertisement

Also Read

IMF warns global economic dissolution amid Ukraine war
IMF warns global economic dissolution amid Ukraine war

Russia's invasion of Ukraine, the International Monetary Fund (IMF) has warned against...

Advertisement
Advertisement
Read More News On

Catch all the International News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Follow us on Google News.


End of Article

Next Story