Biden turns to island leaders in China face-off

TL;DR Breakdown

  • Biden hosts a three-day summit with Pacific Island leaders to reinforce U.S. influence and counteract China’s increasing presence in the region.
  • The summit focuses on strengthening diplomatic ties, with the U.S. recognizing the Cook Islands and Niue, while also pledging over $810 million in aid, though funds await Congress approval.
  • Mixed reactions from Pacific nations, with some leaders skipping the summit and others skeptical about becoming pawns in a U.S.-China geopolitical tug of war.

Description

Pacific Island nations, pivotal players in geopolitical jockeying, have captured Biden’s attention, as the US aims to reinforce its influence in a region where China has made significant inroads. The three-day summit, initiated by Biden, showcases America’s commitment to these island nations and sends an indirect message to China: the Pacific is not for sale. … Read more

Pacific Island nations, pivotal players in geopolitical jockeying, have captured Biden’s attention, as the US aims to reinforce its influence in a region where China has made significant inroads.

The three-day summit, initiated by Biden, showcases America’s commitment to these island nations and sends an indirect message to China: the Pacific is not for sale.

Strengthening Ties with Symbolic Gestures

Reaffirming diplomatic ties, Biden’s administration will acknowledge the Cook Islands and Niue during the gathering. This strategic move not only highlights the strengthening of relationships but sends a clear message regarding America’s vision for the region: a bastion where democracy thrives, unaffected by external pressures.

Moreover, as a gesture of camaraderie and shared interests, Pacific leaders will grace an NFL game, a nod to the many NFL players of Pacific Islander descent.

This isn’t Biden’s first rodeo with the Pacific leaders. Last year, he hosted 14 Pacific Island nations, collectively solidifying their stance against China’s “economic coercion”.

This year, the focus, as revealed by the White House, ranges from tackling climate change and ensuring sustainable development to public health and curbing illegal fishing.

Infrastructure and Aid: Promises Waiting Fulfillment

In a world where money talks, promises of infrastructure development and improved internet connectivity via undersea cables seem to be Biden’s ace card. An official promise of over $810 million in support for the Pacific islands was floated in 2022.

However, Meg Keen from Australia’s Lowy Institute highlights a critical issue: Congress hasn’t given the green light for the funds yet. Keen critically observed that while Pacific nations appreciate the U.S.’s re-engagement, they don’t want to be pawns in a larger geopolitical tug of war, leading to increased militarization.

It’s worth noting, the Solomon Islands’ Prime Minister, Manasseh Sogavare, has decided to sit this one out. A critic might say, after his recent alignment with China – including signing security and policing agreements – Sogavare’s absence speaks volumes. Biden’s camp didn’t hide their disappointment at his decision.

In contrast, Vanuatu’s newly elected Prime Minister Sato Kilman won’t be attending either, even after his predecessor inked a security pact with the U.S. ally, Australia.

As it stands, despite China being Vanuatu’s most prominent external creditor, the US is still in discussions to inaugurate an embassy there, hoping to seal the deal by next year.

Complex Dynamics in the Pacific Chessboard

Fiji, another crucial player in the region, seems to have a positive outlook towards the U.S., viewing its heightened involvement as a means of ensuring a more secure Pacific. On the flip side, Kiribati has plans to renovate a former World War Two airstrip, with a little help from their Chinese friends.

The intricacies of these alliances reflect a complicated web of relationships, loyalties, and interests. The Marshall Islands, for instance, is still awaiting a renewed pact with the U.S., seeking additional funds to address the impacts of past U.S. nuclear tests. It’s a sensitive topic, with the Biden administration expressing confidence in reaching an agreement.

In essence, the summit is more than just a meeting. It’s a testament to Biden’s approach to handle the Pacific island nations, interwoven with China’s growing footprint in the region.

The chessboard is vast, and the game is intricate. Only time will reveal if Biden’s charm offensive will checkmate China in this Pacific showdown.

Disclaimer: The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Biden turns to island leaders in China face-off

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年9月26日 00:31
Next 2023年9月26日 03:59

Related articles

  • Liquity price analysis: LQTY struggles at $1.211 as bears reinforce control

    TL;DR Breakdown Liquity price analysis shows LQTY is facing a decline today. Price levels have lowered to the $1.211 value. A further drop may cause the price to go below $1.897 support. The current Liquity price analysis reveals a significant downturn in the price, as the LQTY bulls face notable challenges in the market. The price has been steadily declining at a faster pace, causing it to reach a new low of $1.211. Despite the bulls’ attempts to push the price higher in the previous session, they have struggled to overcome the prevailing bearish momentum that has gained strength today. At present, the bulls are focused on preventing the crucial support level at $1.897 from giving way to further downside pressure. This critical level holds the key to determining the near-term trajectory of Liquity’s price. LQTY/USD 1-day price chart: Bears initiate their struggle for a lower price The 1-day Liquity price analysis indicates a decline in price as the bears make a comeback, challenging the bulls for dominance. Over the past four days, the cryptocurrency has experienced significant growth, with…

    Article 2023年6月9日
  • US Congressman involved in a fraudulent crypto scheme

    TL;DR Breakdown US Congressman George Santos has been indicted for operating a fraudulent crypto scheme among other charges. Balancing innovation and regulation in the crypto space. Description US Congressman George Santos, a first-term member of the House of Representatives, is currently facing indictment for thirteen felonies, including alleged embezzlement of contributions, fraudulent collection of unemployment checks, and providing false disclosures to the House. Among the array of charges, one of his more peculiar schemes involved cryptocurrency and seemed to be reminiscent of … Read more US Congressman George Santos, a first-term member of the House of Representatives, is currently facing indictment for thirteen felonies, including alleged embezzlement of contributions, fraudulent collection of unemployment checks, and providing false disclosures to the House. Among the array of charges, one of his more peculiar schemes involved cryptocurrency and seemed to be reminiscent of the classic Nigerian prince email scam, according to a report by The New York Times. The US Congressman carried out a Nigerian prince scam As per a campaign donor’s account to the Times, Santos, along with two other individuals, approached…

    Article 2023年7月29日
  • Avalanche price analysis: AVAX increases value to $14.7

    TL;DR Breakdown Avalanche price analysis is bulish today. The strongest resistance is present at $15.5. The trading price of AVAX is $14.7 at the time of writing. Avalanche price analysis indicates the emergence of a bullish trend that is progressively gaining strength, with substantial potential for further upward movement. The AVAX/USD trading pair is currently priced at $14.7, indicating a 2.58% increase in value over the past 24 hours. There was a significant upward trend observed in the market yesterday, marked by a sudden surge. However, at the beginning of the current day, the market exhibited promising bullish behavior after declining below the $14.7 level. Additionally, market volatility has decreased, creating a favorable environment for potential recovery favored by bullish investors. As of today, the price of Avalanche (AVAX) stands at $14.75, accompanied by a 24-hour trading volume of $182.98 million. The market capitalization of Avalanche is $4.94 billion, representing a market dominance of 0.43%. Over the past 24 hours, AVAX has experienced a price increase of 2.20%. Currently, the sentiment for Avalanche’s price prediction is bearish, while the Fear…

    Article 2023年5月30日
  • Aptos price analysis: Bearish momentum brings APT down to $8.45 as selling pressure mounts

    TL;DR Breakdown Aptos price analysis is bearish Resistance for APT is present at $8.62 Support for the coin is present at $8.24 The latest Aptos price analysis shows signs of a strong downtrend, as the price curve shows a downward movement for the day. The selling pressure is mounting, and the coin has dropped to a low of $8.45. The resistance present at the level of $8.62 could not hold the bearish momentum, and APT eventually broke through this barrier. The bullish momentum was in the market in the past few hours, but the selling pressure is greater and has managed to push down the price. APT/USD 1-day price chart: Cryptocurrency faces further downside as price falls below $8.62 The bearish trend is taking over the market as Aptos price analysis value underwent a marked decline in the last few hours. The support present around the $8.24 level has not been able to hold up the price and has further dropped by 2%. It is expected that a further downside correction may occur in the coming hours as APT continues…

    Article 2023年6月2日
  • Meta in hot water again: EU ruling shakes company

    TL;DR Breakdown The EU’s top court has ruled that regulators can probe Meta’s data use for advertising. Meta must obtain user consent to use personal data for targeted ads. The judgment could impact business models across the data economy. Description The digital giant Meta finds itself in troubled waters once again as the European Union’s top court lays down a precedent-shattering ruling. This judgment allows competition regulators to probe whether companies are complying with privacy rules, bringing Meta’s data usage for online advertising under the spotlight. This latest development is a compelling narrative of technology, … Read more The digital giant Meta finds itself in troubled waters once again as the European Union’s top court lays down a precedent-shattering ruling. This judgment allows competition regulators to probe whether companies are complying with privacy rules, bringing Meta’s data usage for online advertising under the spotlight. This latest development is a compelling narrative of technology, privacy, and the role of regulatory bodies in maintaining a fair digital marketplace. Regulators to scrutinize Meta’s data use for advertising Meta, renowned for its social media…

    Article 2023年7月6日
TOP