The reaction to this week’s announcement by US Secretary of State Mike Pompeo of a US$113 million infrastructure fund is that it was more than a tad underwhelming. When set against potentially upwards of US$1 trillion in financing for China’s Belt and Road Initiative (BRI) – to which the new US fund is a thinly veiled response – that certainly seems the case. Yet the outlines of an Indo-Pacific infrastructure strategy that looks potentially more promising can also be seen.

Read Here – The Interpreter