The IPEF - a U.S.-initiated trade and development partnership - is poised to bring in enthusiastic participation from several nations in the Asia-Pacific region. Notably, Southeast Asian states are well represented among members, giving the U.S. considerable influence right in China’s backyard.

Competition with the United States has become a catalyst for change in the way China deals with countries in its own neighborhood. A sophisticated approach in Asia will be required as China balances all its interactions.

Six factors suggest that the IPEF will not succeed: meager benefits for developing economies, new and unpopular commitments, disproportionate benefits for the U.S., vague negotiating plans, uncertainty of the framework’s survival under a new American administration and skepticism by U.S. allies.

The Biden administration is prioritizing its foreign policy strategy in Asia by extensive outreach and alliances in the region. Strategic partnerships with other countries, particularly in the Indo-Pacific , are crucial for the U.S. to keep up with China’s growth in the region.

The BRICS and Quad organizations, led by China and the U.S. respectively, have begun making competing overtures to nations in Asia in an attempt to counter each other’s influence.

U.S. President Joe Biden formally launched the Indo-Pacific Economic Framework in June, but the initiative falls short of providing an actual trade agreement. In order for the IPEF to work long term, the Biden administration must include interlocking development initiatives that are multilateral and backed by public-private partnership agreements.

The IPEF attempts to placate those who oppose free trade in the Indo-Pacific region while also constraining China. But China is the biggest trading partner for most IPEF countries, so the attempt to encircle China on trade is tantamount to encircling its own members.

A nation that seeks to maximize its own interests through containment, confrontation, closure, exclusivity or even the use of force runs against the will of the world, and Blinken failed to break that old mold. His words remain out of step with the direction of mankind.

Heightened U.S. military deployments on the Korean Peninsula will only exacerbate the regional security dilemma that affects China, Russia and the DPRK. Meanwhile, exclusivity between the United States and ROK in some trade sectors will be hard to pull off.

The United States does not rule out cooperation with China on particular issues, but the prominence of cooperation in principle has dropped significantly. Indications are that areas of possible cooperation are narrowing and the difficulty is increasing.