U.S. Economic Stagnation Could Jeopardise Its Pacific Pivot

In a matter of weeks, the Australian government will release a White Paper entitled “Australia in the Asian Century.” According to my sources, the report will look at how Australia can best exploit future economic opportunities in the region focusing on China, Japan, South Korea, Vietnam, Indonesia and India. Conspicuously absent from the primary analysis will be America. This should raise alarm bells in Washington and the region. It signals that America’s staunchest ally in Asia may be losing faith in the revival of the U.S. economy. If so, steadfast support for the alliance will not be far behind.

Read Here – www.wsj.com

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