Posted inAT Finance, Australia, China, India, Japan, New Zealand, Northeast Asia, Oceania, Singapore, South Asia, South Korea, Taiwan, Vietnam, World

US initiative would fail to contain China and put allies at risk

The January 5 edition of the South China Morning Post reported that the US passed the Asia Reassurance Initiative Act (ARIA) to reaffirm and reassure its “allies” that America is committed to protecting and promoting democracy in the Asia-Pacific. To do so, America will spend US$1.5 billion annually for five years to “show its presence” […]