by Yi Xin
BEIJING, June 25 (Xinhua) — U.S. President Joe Biden formally announced the launch of the Indo-Pacific Economic Framework for Prosperity (IPEF) on May 23 in Tokyo during his first Asia tour, revealing what Washington enshrined as a key component of its so-called Indo-Pacific economic strategy.
Cameras on the launching event caught a lot of smiles, clapping, nodding and back-patting, all for a s