US President Joe Biden proposes over USD 25 Billion spending in Indo-Pacific to out-compete China
Shortpedia
Content Team
Image Credit: ANI
US President Joe Biden on Thursday proposed more than USD 25 billion spending, mostly in the Indo-Pacific region, in particular in the critical infrastructure sector and defence to out-compete China, amid Beijing's increasingly assertive presence in the strategic region. This includes over USD 15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and USD 9 billion for shoring up American defence in the region.
