The "Indo -Pacific Economic Framework" shows the intention of the United States against globalization

Author:Costrit Finance Time:2022.08.30

Recently, the United States announced the launch of the "Indo -Pacific Economic Framework". The initial member of the economic framework includes 13 countries including the United States, Japan, South Korea, and India. Based on the previous series of measures, the United States will further curb China's development through the "Indo -Pacific Economic Framework", counter China's expanding international influence, and promote its "return to Asia Pacific."

The opposite of the "Indo -Pacific Economic Framework" is the current economic situation. Economic globalization is the objective requirement of the development of productive forces and the substantial results of scientific and technological progress. It is in line with the interests of countries and people around the world. It is a trend of development and progress in the times. However, in recent times, the western developed countries led by the United States have increasingly published protectionism, unilateralism, and localist tendencies in foreign economic policies.

Through the "Indo -Pacific Economic Framework", it is not difficult to see that the agreement is obvious in cultivating the intention of the American "vassal".

At present, regional cooperation organizations of free trade agreement construction have become a universal consensus for parties. The United States is passing the "Indo -Pacific Economic Framework to break this established rule in essence. At the perspective of this significance, the" Indo -Pacific Economic Framework "and the traditional free trade agreement exist in the fundamental contrary and conflict. The principle of priority does not care about the improvement of the overall benefits of the Asia -Pacific region.

China is an important economy in the Asia -Pacific region and is the largest trading partner of most countries in the region. The interests of countries in the same region have long been deeply integrated. It is foreseeable that under the premise of the "American first" of the "Indo -Pacific Economic Framework" itself, the United States tries to isolate China and excludes specific countries outside the global and regional economic and trade cooperation systems, and build a "small circle in a small circle against globalization. "As a result," people "eventually harmed" self ".

Generally speaking, the "framework" confrontation and exclusive background are in addition to the multilateral trade system with the WTO as the cornerstone, and run counter to the regional win -win cooperation. It may be possible to end without illness. (Author: Zhao Qiangshuo)

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