Biden proposes over $25 bn spending in Indo-Pacific to out-compete China

US President Joe Biden on Thursday proposed more than USD 25 billion spending, mostly in the Indo-Pacific region, in particular in the critical infrastructure sector and defence to out-compete China, amid Beijing's increasingly assertive presence in the strategic region. This includes over USD 15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and USD 9 billion for shoring up American defence in the region. "This Budget cements our commitment to confronting global challenges and keeping America safe. It outlines crucial investments to out-compete China globally and to continue support for Ukraine in the face of unprovoked Russian aggression," Biden said in his message to the Congress. Biden said it also continues his administration's work to restore America's global leadership - reviving key alliances and partnerships, strengthening the military, fostering democracy and human rights, protecting global health, honouring the veterans, fixing immigration

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