News Snapshot:
China is not a party to a US trade agreement with Indo-Asian nations. Chinese Foreign Ministry Spokesperson Wang Wenbin said on Wednesday (May 25, 2022) that the United States wants to decouple the Indo-Pacific countries from the Chinese economy by entering into a trade agreement with 12 nations in the region. . The information is from Reuters . According to Wenbin, the IPEF (Indo-Pacific Economic Framework) serves US interests. He said that " many countries ”, are concerned about the “ huge cost ” to join the pact. Wenbin, however, did not specify which nations would be apprehensive. The US...
