East Asian foreign policy of the Barack Obama administration: Difference between revisions
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==Geo-economic aspects – free trade, supranational investment... etc.==
Think-tanks such as the [[World Pensions & Investments Forum|World Pensions Council (WPC)]] observed that “''to contain China, the US sought new defence and trade alliances across Asia from Baku to Borneo, with limited success so far. Despite Washington’s insistent nudging, Tokyo and Seoul have been reluctant to strengthen their bilateral military and economic ties. But as the ‘liberal hawks’ of Washington DC rather clumsily deployed this encirclement strategy, the Chinese leadership did not stay idle. And one of their ripostes was in international finance'',” <ref>{{cite news|author1=M. Nicolas J. Firzli |title= Chinese revolution could lure overseas investment|url= http://www.efinancialnews.com/story/2015-10-12/chinese-revolution-could-lure-overseas-investment-nicholas-firzli|work=Dow Jones Financial News|date=12 October 2015}}</ref> noting that the establishment by China of the [[Asian Infrastructure Investment Bank]], “''a new supranational financial institution based in Beijing needn’t trigger vain geopolitical rivalries. China and the West can work successfully together to build a more prosperous, equitable economic order across the Asia-Pacific region''.”<ref>{{cite news |first1=M. Nicolas J. |last1=Firzli |title= China’s Asian Infrastructure Bank and the ‘New Great Game’|url= http://www.academia.edu/19535167/China_s_AIIB_America_s_Pivot_to_Asia_and_the_Geopolitics_of_Infrastructure_Investments |accessdate=20 January 2016 |work=Analyse Financière| date=October 2015}}</ref>
In that perspective, the [[Trans-Pacific Partnership]] (TPP) trade agreement linking the United States and eleven Pacific Rim countries signed on October 5 2015 <ref>{{cite news|author1=Mireya Solís |title= The geopolitical importance of the Trans-Pacific Partnership:|url= http://www.brookings.edu/blogs/order-from-chaos/posts/2015/03/13-geopolitical-importance-transpacific-partnership|work=Brookings Brief|date=13 March 2015}}</ref> can also be interpreted as heralding the start of a "''New Great Game''” pitting America against China. <ref>{{cite news |first1=M. Nicolas J. |last1=Firzli |title= China’s Asian Infrastructure Bank and the ‘New Great Game’|url= http://www.academia.edu/19535167/China_s_AIIB_America_s_Pivot_to_Asia_and_the_Geopolitics_of_Infrastructure_Investments |accessdate=20 January 2016 |work=Analyse Financière| date=October 2015}}</ref>
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