Japan plans $75 bln investment across Indo-Pacific to counter China

Japan Prime Minister Fumio Kishida shakes hands with his Indian counterpart Narendra Modi before their meeting at the Hyderabad House in New Delhi, India, March 20, 2023. REUTERS/Adnan Abidi

Japan plans $75 bln investment across Indo-Pacific to counter China | Reuters

3 minute read March 20, 20233:02 AM HST

By Sakura Murakami and Krishn Kaushik

TOKYO/NEW DELHI, March 20 (Reuters) – Japan’s Prime Minister Fumio Kishida on Monday announced a new plan to promote an open and free Indo-Pacific, promising billions of dollars in investment to help economies across the region in everything from industry to disaster prevention.

The plan he announced in New Delhi is seen as Tokyo’s bid to forge stronger ties with countries in South and Southeast Asia to counter China’s growing assertiveness there.

READ FULL ARTICLE : Japan plans $75 bln investment across Indo-Pacific to counter China | Reuters

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