Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Trading > Blinken touts deeper U.S. engagement amid concern over ‘aggressive’ China
    Trading

    Blinken touts deeper U.S. engagement amid concern over ‘aggressive’ China

    Blinken touts deeper U.S. engagement amid concern over ‘aggressive’ China

    Published by maria gbaf

    Posted on December 15, 2021

    Featured image for article about Trading

    By Humeyra Pamuk

    JAKARTA (Reuters) – Secretary of State Antony Blinken touted on Tuesday a U.S. strategy to deepen its Asian treaty alliances, offering to boost defence and intelligence work with partners in an Indo-Pacific region increasingly concerned over China’s “aggressive actions”.

    On a visit to Indonesia, Blinken called the Indo-Pacific the world’s most dynamic region, where everyone had a stake in ensuring a status quo that was without coercion and intimidation, making a barely veiled reference to China.

    He said the United States, its allies and some South China Sea claimants would push back against any unlawful action.

    “We’ll work with our allies and partners to defend the rules-based order that we’ve built together over decades to ensure the region remains open and accessible,” Blinken said in a speech at a university.

    “Let me be clear: the goal of defending the rules-based order is not to keep any country down. Rather, it’s to protect the right of all countries to choose their own path, free from coercion and intimidation.”

    China claims almost the entire South China Sea as its own, despite some overlapping claims with other coastal states and a ruling by an international tribunal that its vast claim had no legal basis.

    Beijing has rejected the U.S. stance as interference from an outside power that could threaten Asia’s stability.

    In response to Blinken’s remarks, China’s foreign ministry spokesman Wang Wenbin told a daily briefing in the Chinese capital that the United States should promote cooperation in the region, instead of “drawing ideological lines”.

    Blinken is making his first visit to Southeast Asia since President Joe Biden took office in January, a trip aimed at shoring up relations after a period of uncertainty about U.S. commitment to Asia under the administration of Donald Trump.

    ‘A BETTER KIND OF INFRASTRUCTURE’

    Despite tension in the South China Sea, Beijing’s influence has grown in recent years as it pushes more infrastructure investment and integrated trade ties in the Asia-Pacific, in the perceived absence of a U.S. economic strategy for the region.

    Blinken said the United States would strengthen ties with treaty allies such as Japan, South Korea, Thailand and the Philippines and boost defence and intelligence capabilities with Indo-Pacific partners, as well as defending an open and secure internet.

    He stressed, however, that it was not a contest between a U.S.-centric or China-centric region.

    He also said Washington was committed to pressing the military junta in Myanmar to end violence, free detainees and return to an inclusive democracy.

    The United States was also committed to a new comprehensive regional economic framework, which would include more U.S. foreign direct investment and U.S. companies identifying new opportunities in the region, he said, without providing details.

    The administration has yet to spell out what exactly Biden’s envisaged economic framework will entail. In 2017, the Trump administration walked away from a U.S.-inspired multinational Pacific trade deal.

    Blinken, who will also visit Malaysia and Thailand this week, said the United States would work to strengthen supply chains and close the region’s infrastructure gaps, from ports and roads to power grids and the internet.

    In another swipe at China, he said the United States was hearing increasing concerns in the Indo-Pacific about opaque, corrupt processes of foreign companies that imported their own labour, drained natural resources and polluted the environment.

    “Countries in the Indo-Pacific want a better kind of infrastructure,” he said.

    “But many feel it’s too expensive – or they feel pressured to take bad deals on terms set by others, rather than no deals at all.”

    (Reporting by Humeyra Pamuk; Additional reporting by Emily Chow; Writing by Martin Petty; Editing by Stephen Coates and Clarence Fernandez)

    By Humeyra Pamuk

    JAKARTA (Reuters) – Secretary of State Antony Blinken touted on Tuesday a U.S. strategy to deepen its Asian treaty alliances, offering to boost defence and intelligence work with partners in an Indo-Pacific region increasingly concerned over China’s “aggressive actions”.

    On a visit to Indonesia, Blinken called the Indo-Pacific the world’s most dynamic region, where everyone had a stake in ensuring a status quo that was without coercion and intimidation, making a barely veiled reference to China.

    He said the United States, its allies and some South China Sea claimants would push back against any unlawful action.

    “We’ll work with our allies and partners to defend the rules-based order that we’ve built together over decades to ensure the region remains open and accessible,” Blinken said in a speech at a university.

    “Let me be clear: the goal of defending the rules-based order is not to keep any country down. Rather, it’s to protect the right of all countries to choose their own path, free from coercion and intimidation.”

    China claims almost the entire South China Sea as its own, despite some overlapping claims with other coastal states and a ruling by an international tribunal that its vast claim had no legal basis.

    Beijing has rejected the U.S. stance as interference from an outside power that could threaten Asia’s stability.

    In response to Blinken’s remarks, China’s foreign ministry spokesman Wang Wenbin told a daily briefing in the Chinese capital that the United States should promote cooperation in the region, instead of “drawing ideological lines”.

    Blinken is making his first visit to Southeast Asia since President Joe Biden took office in January, a trip aimed at shoring up relations after a period of uncertainty about U.S. commitment to Asia under the administration of Donald Trump.

    ‘A BETTER KIND OF INFRASTRUCTURE’

    Despite tension in the South China Sea, Beijing’s influence has grown in recent years as it pushes more infrastructure investment and integrated trade ties in the Asia-Pacific, in the perceived absence of a U.S. economic strategy for the region.

    Blinken said the United States would strengthen ties with treaty allies such as Japan, South Korea, Thailand and the Philippines and boost defence and intelligence capabilities with Indo-Pacific partners, as well as defending an open and secure internet.

    He stressed, however, that it was not a contest between a U.S.-centric or China-centric region.

    He also said Washington was committed to pressing the military junta in Myanmar to end violence, free detainees and return to an inclusive democracy.

    The United States was also committed to a new comprehensive regional economic framework, which would include more U.S. foreign direct investment and U.S. companies identifying new opportunities in the region, he said, without providing details.

    The administration has yet to spell out what exactly Biden’s envisaged economic framework will entail. In 2017, the Trump administration walked away from a U.S.-inspired multinational Pacific trade deal.

    Blinken, who will also visit Malaysia and Thailand this week, said the United States would work to strengthen supply chains and close the region’s infrastructure gaps, from ports and roads to power grids and the internet.

    In another swipe at China, he said the United States was hearing increasing concerns in the Indo-Pacific about opaque, corrupt processes of foreign companies that imported their own labour, drained natural resources and polluted the environment.

    “Countries in the Indo-Pacific want a better kind of infrastructure,” he said.

    “But many feel it’s too expensive – or they feel pressured to take bad deals on terms set by others, rather than no deals at all.”

    (Reporting by Humeyra Pamuk; Additional reporting by Emily Chow; Writing by Martin Petty; Editing by Stephen Coates and Clarence Fernandez)

    Related Posts
    What Is a Liquidity Provider – And Why Modern Brokers Can’t Function Without One
    What Is a Liquidity Provider – And Why Modern Brokers Can’t Function Without One
    OneFunded: Prop Firm Overview and Program Structure
    OneFunded: Prop Firm Overview and Program Structure
    What if You Can Actually Chat with Your Crypto Wallet?
    What if You Can Actually Chat with Your Crypto Wallet?
    The Growing Importance of Choosing the Right Crypto Broker in 2025
    The Growing Importance of Choosing the Right Crypto Broker in 2025
    The Rise of Algorithmic Trading Among Retail Investors in the UK
    The Rise of Algorithmic Trading Among Retail Investors in the UK
    Forex Trading for the 9-to-5er: A Realistic Path to a Second Income
    Forex Trading for the 9-to-5er: A Realistic Path to a Second Income
    Quality Matters: ZiNRai’s Focus on Empowering Traders with Precision and Purpose
    Quality Matters: ZiNRai’s Focus on Empowering Traders with Precision and Purpose
    MiCA Regulations and the Legal Requirements for Crypto Presales and Token Offerings in the European Union
    MiCA Regulations and the Legal Requirements for Crypto Presales and Token Offerings in the European Union
    Top Ways Forex Traders Benefit From Peer-to-Peer Learning
    Top Ways Forex Traders Benefit From Peer-to-Peer Learning
    Why High Leverage Remains Attractive to Forex Traders Worldwide
    Why High Leverage Remains Attractive to Forex Traders Worldwide
    XDC Network’s ETP Listing Signals the Maturing Convergence of Blockchain and Trade Finance
    XDC Network’s ETP Listing Signals the Maturing Convergence of Blockchain and Trade Finance
    Inside the Perp DEX Landscape: How Platforms Like Grvt and Hyperliquid Are Shaping Their Long-Term Vision
    Inside the Perp DEX Landscape: How Platforms Like Grvt and Hyperliquid Are Shaping Their Long-Term Vision

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Trading PostDollar trades narrowly as markets wait for word from the Fed
    Next Trading PostBritain’s Tesco agrees pay offer to avert depot strike

    More from Trading

    Explore more articles in the Trading category

    Blending Theory and Practice: Building Stronger Forex Strategies

    Blending Theory and Practice: Building Stronger Forex Strategies

    Strategies for Professional CFD Traders: Tools and Company Support

    Strategies for Professional CFD Traders: Tools and Company Support

    Trust as the Cornerstone of Capital Markets

    Trust as the Cornerstone of Capital Markets

    UK Investors Reassess Trading Venues as Liquidity Shifts

    UK Investors Reassess Trading Venues as Liquidity Shifts

    Bitcoin Price Live: What Factors Influence Its Value?

    Bitcoin Price Live: What Factors Influence Its Value?

    Offshore Forex Brokers vs. U.S.-Regulated Brokers: A Risk Assessment

    Offshore Forex Brokers vs. U.S.-Regulated Brokers: A Risk Assessment

    The Broker Expo, Its Role in the Small Business World, and Everest Business Funding’s Role as Sponsor

    The Broker Expo, Its Role in the Small Business World, and Everest Business Funding’s Role as Sponsor

    Finding Your Edge with a Crypto-First Prop Firm

    Finding Your Edge with a Crypto-First Prop Firm

    Evaluating the Most Reliable Tools for Tracking Real-Time Cryptocurrency Prices

    Evaluating the Most Reliable Tools for Tracking Real-Time Cryptocurrency Prices

    MT5 vs MT4: Why More Brokers Are Moving to MetaTrader 5

    MT5 vs MT4: Why More Brokers Are Moving to MetaTrader 5

    From Central Banks to Retail Traders: Who Drives the Forex Market?

    From Central Banks to Retail Traders: Who Drives the Forex Market?

    Building a Winning Forex Portfolio: Tools and Resources You Can’t Ignore

    Building a Winning Forex Portfolio: Tools and Resources You Can’t Ignore

    View All Trading Posts