Donald Trump’s “America first” stance has driven some allies closer to Beijing. Photo: AFP

US International Development Finance Corporation targets Asia as Washington seeks to offer alternative to Chinese cash

  • DFC is America’s latest effort to deepen its presence in the region under President Donald Trump’s Indo-Pacific strategy
  • But years of heavy investment under Beijing’s Belt and Road Initiative may mean US push will have a limited impact
Topic |   Belt and Road Initiative
Donald Trump’s “America first” stance has driven some allies closer to Beijing. Photo: AFP
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