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Al Jazeera
Al Jazeera
Business
Andrew Haffner

Biden launches economic framework aimed at countering China

Joe Biden China Asia IPEF Japan Wang Yi Indo South Korea
US President Joe Biden has launched his long-awaited economic framework aimed at countering growing Chinese influence in Asia [File: Jonathan Ernst/Reuters]

US President Joe Biden officially launched his long-awaited economic framework aimed at countering growing Chinese influence in Asia, announcing 12 Asia-Pacific partners who will work on common standards in areas including clean energy and infrastructure.

Biden unveiled the Indo-Pacific Economic Framework for Prosperity (IPEF) in Japan on Monday during the second leg of an Asia trip aimed at shoring up US engagement in the region.

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