The Indo-Pacific Economic Framework for Prosperity: America’s Answer to the Regional Comprehensive Economic Partnership?
... markets On his visit to Tokyo, U.S. President Joe Biden announced on May 22 the new Indo-Pacific Economic Framework for Prosperity initiative , initially made up of 12... ... The multilateral structure of the new framework is, naturally, aimed at containing China and precluding the successes of the Regional Comprehensive Economic Partnership (RCEP) through shoring up U.S. dominance in the region and exporting American-fashioned... ... States is clearly concerned that China is “usurping” integration initiatives in the Asia-Pacific (following the withdrawal of the United States from the Trans-Pacific Partnership...