The corridor is also a strategic response to China’s Belt and Road Initiative (BRI), which has expanded China’s influence across Asia, Africa, and Europe
The pact comes at a critical time as US President Joe Biden seeks to counter China’s Belt and Road push on global infrastructure by pitching Washington as an alternative partner and investor for developing countries at the G20 grouping
Radhey Tambi | East Asia Forum eastasiaforum.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastasiaforum.org Daily Mail and Mail on Sunday newspapers.