The Obama administration plans to restrain Chinese belligerence by reinforcing U.S. military and diplomatic links to the Asia-Pacific. However, in order to avoid further Chinese resistance to its policies, the U.S. must look for possible avenues of cooperation with the country.
The 2012 Economic Outlook release, hosted by Gateway House and the International Monetary Fund on May 7th, has been reported in MSN News. The report outlines analysis and projections of economic developments in Asia-Pacific region for the year 2012.
Amidst myriad country groupings that already exist – BRICS, IBSA, APEC, SCO and many others – a new initiative in the Pacific is looking to integrate more powerful countries to form a multilateral free trade agreement – the Trans Pacific Partnership. How important is this towards the reshaping of trade and power?
Chinese President Hu Jintao’s visit to the US comes at a time when the geopolitical situation in Asia and the Asia-Pacific region is fluid - consequent to the US deciding to re-energise relations with countries in the region - and when Sino-US relations have been under some strain.