Protesters gather at Shiba Park in Tokyo, Japan, May 22, 2022 against the planned U.S.-Japan summit and the summit of the Quadrilateral Security Dialogue (the Quad). (Xinhua/Zhang Xiaoyu)
— Washington pledges to boost “inclusive” growth through the IPEF, while ruling out China, the biggest trading partner of most of the countries in the region.
— The IPEF, claimed to benefit all, is another version of “America First” that can hardly facilitate economic growth in the region.
by Xinhua writer Guo Yage
BEIJING, May 23 (Xinhua) — The White House added yet another incident to its stockpile of scams when it launched the so-called “Indo-Pacific Economic Framework (IPEF)” on Monday.
During U.S. President Joe Biden’s visit to Japan, he said the IPEF will drive Asia “to the top” and “deliver for all people on Earth.”
But whatever grand visions he and his administration presented to rope regional countries into this initiative will not paper over Washington’s sinister intentions to plot division and isolation, undermine regional stability, and maintain U.S. hegemony.
Washington’s pledge to boost the region’s “inclusive” growth through the IPEF is a lie. Inclusiveness means all regional countries should be given equal access to opportunities and resources regarding the initiative. But the Washington-designed IPEF has since day one ruled out China, the biggest trading partner of most of the regional countries and an important contributor to regional stability and development.
Washington…
