Tuesday, 31 July 2018

Australia, Japan join U.S. infrastructure push in Asia

MELBOURNE (Reuters) - Australia and Japan have joined the United States in a push to invest in infrastructure projects in the Indo-Pacific region, at a time when China is spending billions of dollars on its Belt and Road initiative across Asia. The move is part of a broader effort by the United States and its allies to reassert their influence in the Pacific amid fears that the region is increasingly susceptible to diplomatic pressure from Beijing

from Latest News Business on Firstpost https://ift.tt/2LRu0Ou

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