Japan plans $75 bln investment across Indo-Pacific to counter China

  • 📰 Reuters
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Japan's Prime Minister Fumio Kishida on Monday announced a new plan to promote an open and free Indo-Pacific, promising billions of dollars in investment to help economies across the region in everything from industry to disaster prevention.

The plan he announced in New Delhi is seen as Tokyo's bid to forge stronger ties with countries in South and Southeast Asia to counter China's growing assertiveness there.

Japan pledged $75 billion to the region by 2030 via private investment and yen loans and by ramping up aid through official governmental assistance and grants. China has ramped up its military presence in the Indo-Pacific and rapidly modernised its navy while promoting its Belt and Road Initiative. Japan, India, Australia and the United States are members of the so-called Quad grouping, created to balance China’s growing dominance. The four are will participate in the annual naval wargaming exercise Malabar to be held in Australia this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Philippine Islands are benefiting from their investment.

Respected sir,informed well, night alert desk shifting into The first one,

Yeah China and Russia is up to no good planing evasion another 911 with 10 planes Russia, China North Korea ' Iran.

This is an amazing investment.

Japan is America in asian skin

Even with his 'arrest warrant' I think Putin is offering China vast shipments of oil for any and all arms and war help, while China also seems to be delving into a world they would love to control by hovering over the ability to get very willing sales of oil from Russia and Iran.

Isn’t it just B (or b) for billion? I’ve never seen bln before.

Üçüncü dünya savaşı çıkacaksa oralarda çıkıcak, son 25 yılda para pasifiğe aktı.

Japan is broke.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines