US President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi listen to other leaders during the Indo-Pacific Economic Framework for Prosperity launch event at the Izumi Garden Gallery in Tokyo on May 23. Photo: Reuters
US President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi listen to other leaders during the Indo-Pacific Economic Framework for Prosperity launch event at the Izumi Garden Gallery in Tokyo on May 23. Photo: Reuters
Kai He
Opinion

Opinion

Kai He

US’ Indo-Pacific economic bloc irks China but it may not be all bad for the region

  • The Indo-Pacific Economic Framework signals the start of competition within global institutions between the US and China
  • While this could have destructive effects, it also has the potential to inspire institutional reform and for great powers to provide more public goods

US President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi listen to other leaders during the Indo-Pacific Economic Framework for Prosperity launch event at the Izumi Garden Gallery in Tokyo on May 23. Photo: Reuters
US President Joe Biden, Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi listen to other leaders during the Indo-Pacific Economic Framework for Prosperity launch event at the Izumi Garden Gallery in Tokyo on May 23. Photo: Reuters
READ FULL ARTICLE