Vice President Pence Inwards Asia: Economical Outcomes


Vice President Mike Pence conducted a weeklong tour of Asia this month, standing inwards for President Trump at the annual Asia-Pacific Economic Cooperation (APEC) superlative together with events organized yesteryear the Association of Southeast Asian Nations (ASEAN) where he announced a serial of economical initiatives amongst regional partners together with held talks amongst numerous heads of government. In his world remarks, Pence reinforced the impression that the USA views itself inwards a zero-sum economical contest amongst Communist People's Republic of China inwards the Indo-Pacific region.

Q1: What happened at APEC, together with why does it matter?

A1: The economical centerpiece of Pence’s trip was the annual APEC Leaders’ Meeting inwards Papua New Guinea. For the root fourth dimension inwards the forum’s history, disagreements on trade betwixt “the ii large giants inwards the room”—China together with the United States—were the exertion of the impasse. The media reports, suggest that the United States’ proposed linguistic communication regarding “a source told CNN that every province but Communist People's Republic of China had reached consensus on the communiqué, Chinese unusual government minister Wang Yi defendant “individual economies” of refusing to convey “reasonable advice for revision” from other parties every bit well.


Rifts betwixt the “two giants” had already been exposed yesteryear the keynote speeches delivered yesteryear Vice President Pence together with President Xi Jinping at the APEC CEO Summit the twenty-four hours earlier the Leaders’ Meeting. Pence repeated U.S. complaints he had outlined at a speech communication inwards Washington the previous month nearly China’s industrial policies together with unfair merchandise practices. He every bit good implicitly criticized China’s Belt & Road Initiative (BRI), alert other countries, “Do non convey unusual debt that could compromise your sovereignty . . . the USA offers a meliorate option. We don’t drown our partners inwards a body of body of water of debt. We don’t coerce or compromise your independence. The USA deals openly, fairly. We make non offering a constricting belt or a one-way road.” Xi, for his part, warned that “global increment is shadowed yesteryear protectionism together with unilateralism” together with that countries “should enjoin no” to these “old practices.”

The annual APEC Leaders’ Declaration outlines an agenda for regional economical integration inwards the Asia-Pacific region. While the document is by together with large viewed every bit to a greater extent than words than substance, the failure of leaders to come upwards to price every bit a final result of U.S.-China merchandise tensions suggests farther fragmentation together with heated contest inwards the region. It every bit good augurs poorly for the G20 superlative inwards Argentine Republic this coming weekend, every bit good every bit for the coming together that presidents Trump together with Xi are scheduled to grip on the sidelines of that superlative to run out their differences on trade.

Q2: What economical initiatives did Vice President Pence denote on his trip?

A2: At diverse world appearances during the trip, the vice president announced initiatives on energy, infrastructure, the digital economy, together with skillful governance, the same policy areas that Secretary of State Mike Pompeo highlighted inwards more fair together with reciprocal merchandise scheme going forward.”

Q3: Did the Vice President’s trip advance U.S. economical interests inwards the Indo-Pacific?

A3: The initiatives the vice president announced this calendar week set around helpful economical meat on the bones of the Trump administration’s costless together with opened upwards Indo-Pacific strategy. Additional infrastructure is sorely needed inwards developing Asia, together with the priority the vice president set on U.S. back upwards for infrastructure together with unloose energy investment, together amongst around novel money, volition move welcome inwards the region. In addition, Pence’s emphasis on transparency together with skillful governance, together with the hope of unleashing massive U.S. private investment inwards the region, played to perceived U.S. strengths.

However, the vice president faced a break of hurdles inwards his efforts to win over Asian hearts together with minds. President Trump’s proclamation months out that he would non attend the Asian summits was widely interpreted every bit a lack of commitment to the region. Moreover, the president’s early on determination to take away from the Trans-Pacific Partnership (TPP) has left the USA without a credible merchandise policy inwards the region, every bit the administration’s preference for bilateral merchandise agreements continues to move viewed amongst skepticism there. And Pence’s thinly veiled criticisms of Communist People's Republic of China together with implication that U.S. partners facial expression upwards a selection betwixt 1 or the other superpower brand many inwards the portion deeply uncomfortable.

Meanwhile, Communist People's Republic of China continues to footstep upwards its economical diplomacy inwards the Indo-Pacific region. Immediately after APEC, President Xi made a province see to the Philippines, where the ii countries signed $4 billion yesteryear Beijing for route development. If, every bit the vice president implied on his trip, the USA together with Communist People's Republic of China are inwards strategic economical contest inwards the Indo-Pacific region, Washington volition require to run fifty-fifty faster.

Matthew P. Goodman is senior vice president together with holds the Simon Chair inwards Political Economy at the Center for Strategic together with International Studies inwards Washington, D.C. James Smyth, Simon Chair inquiry intern, contributed to this Critical Questions piece.

Critical Questions is produced yesteryear the Center for Strat
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