Spending part of broader effort to reassert Pacific influence as China spends billions on ‘Belt and Road’ initiative

Australia has joined a push by the US and Japan to significantly boost infrastructure investment in the Indo-Pacific region, as China continues to spend billions of dollars on its “Belt and Road” initiative across Asia.

The move is part of a broader effort by the US and its allies to reassert their influence in the Pacific amid fears the region is increasingly susceptible to diplomatic pressure from Beijing.

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Read More Australia joins US-Japanese Pacific investment plan but offers no budget details

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