The United States is implementing several measures to promote the “de-Chinaization” of the global supply chain to address unfair competitive practices by the Chinese Communist Party (CCP), according to Japanese commentator Ji Lin. Another notable development in this regard is the unanimous approval of the “Ending China’s Developing Nation Status Act” by the U.S. Senate…
US Aims to Shift Supply Chain Away From China
June 18, 2023
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Business & MarketsChina NewsChina’s Supply ChainIndo-Pacific Economic Framework IPEFIPEFSupply Chain shiftUS-China relations
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ANALYSIS: US Aims to Shift Supply Chain Away From China
June 18, 2023
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Business & MarketsChina NewsChina’s Supply ChainIndo-Pacific Economic Framework IPEFIPEFSupply Chain shiftUS-China relations
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The United States is implementing several measures to promote the “de-Chinaization” of the global supply chain to address unfair competitive practices by the Chinese Communist Party (CCP), according to Japanese commentator Ji Lin. Another notable development in this regard is the unanimous approval of the “Ending China’s Developing Nation Status Act” by the U.S. Senate…
US-led Indo-Pacific Bloc Gets Boost From Canada
Commentary Canada joining the Indo-Pacific Economic Framework (IPEF) suggests that China is losing the battle for the Pacific as alliances gradually form against the Chinese Communist Party (CCP). Ottawa announced on Oct. 27 that Canada would be joining the IPEF, a U.S.-led initiative designed to counter China’s influence in the Pacific. In a press conference…
United States, Indo–Pacific Nations Launch Negotiations on Economic Framework
The United States and 13 Asian nations on Sept. 9 concluded the first round of in-person meetings for the Indo–Pacific Economic Framework (IPEF) with a consensus on ministerial statements for four key pillars. The U.S. Commerce Department said the 14 IPEF member nations, which represent over 40 percent of the global economy, have outlined four…
US, Indo-Pacific Nations Launch Negotiations on Economic Framework
The United States and 13 Asian nations on Sept. 9 concluded the first round of in-person meetings for the Indo–Pacific Economic Framework (IPEF) with a consensus on ministerial statements for four key pillars. The U.S. Commerce Department said the 14 IPEF member nations, which represent over 40 percent of the global economy, have outlined four…
US and Taiwan to Begin Trade Talks on Regulations, Agriculture, Labor Standards
August 18, 2022
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Asia & PacificBusiness & MarketsChinaeconomic policieseconomyIndo-Pacific Economic Framework IPEFPolicies & ImpactsSpecial TopicsTaiwantaiwan tradetrade negotiationsU.S.-Taiwan relationsUSUS NewsUS-China relationsWorld
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Washington and Taipei will soon kick off formal negotiations on the “U.S. Taiwan Initiative on 21st-Century Trade” initiative announced on June 1, the Office of the United States Trade Representative (USTR) said on Wednesday. Negotiations will take place under the auspices of the Taipei Economic and Cultural Representative Office in the United States and the…
South Korea’s GDP Could Soar by Joining Indo–Pacific Economic Framework: Report
July 4, 2022
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Asia & PacificBusiness & Marketseconomic policieseconomyGDPIndo-Pacific Economic Framework IPEFSouth KoreaWorld
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South Korea joined the U.S.-led Indo–Pacific Economic Framework (IPEF) that aims to counter the Chinese Communist Party, a move which could increase the country’s GDP in the long-term despite a reduced economic dependence on China, economists said. In May, South Korea became a member of the IPEF, joining 12 other nations including Japan, Australia, New Zealand, and…
South Korea Joins US-Led Mineral Security Alliance, Aims to Curb Chinese Dominance in Critical Minerals Supply
June 29, 2022
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Asia & Pacificchinese importscritical mineralsIndo-Pacific Economic Framework IPEFMinerals Security Partnership (MSP)raw materialsSouth Koreasupply chainWorldYoon Suk-yeol
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South Korea has announced its participation in the U.S.-led Minerals Security Partnership (MSP) to cut its heavy reliance on Chinese mineral and raw materials imports. The announcement of joining the MSP came shortly after South Korea’s decision in May to participate in the U.S.-led Indo-Pacific Economic Framework (IPEF). IPEF outlines the United States’ key priorities…
US Beats China to Become India’s Largest Trading Partner
May 30, 2022
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Asia & PacificBusiness & EconomyeconomyIndo-Pacific Economic Framework IPEFtrade with indiaU.S.-India cooperationUSWorld
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The United States has now become India’s top trading partner, ousting China from the spot and further cementing America’s business ties with the South Asian superpower. Bilateral trade between Washington and New Delhi was at $119.4 billion in 2021–22, an increase of more than 48 percent from the $80.5 billion in trade in 2020–21, according…
US Overtakes China to Become India’s Largest Trading Partner
May 30, 2022
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Asia & PacificBusiness & EconomyeconomyIndo-Pacific Economic Framework IPEFtrade with indiaU.S.-India cooperationUSWorld
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The United States has become India’s top trading partner, ousting China from the spot and further cementing U.S. business ties with the South Asian superpower. Bilateral trade between Washington and New Delhi rose from $80.5 billion in trade in 2020–21 to $119.4 billion in 2021–22, according to the Indian commerce ministry. That’s an increase of more…
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