Quad pledges $50 billion package with ‘tangible benefits’ to check China

The second in-person Quad summit saw more concerted effort, after the IPEF launch on Monday, to check Chinese influence in the region with the 4-nation grouping committing $50 billion for sustainable and demand-driven infrastructure in the Indo-Pacific and announcing a Maritime Domain Awareness surveillance initiative to combat illegal fishing by the Chinese.



May 25, 2022 at 01:39AM