The US was looking at a "working-level" quadrilateral meeting in the near term with India, Japan and Australia and offer countries in the Indo-Pacific region an alternative to predatory financing or unsustainable debt, the State Department had said last month.
The proposal was, however, seen by China as an attempt to counter its influence in the region.
Reacting to it, the Chinese Foreign Ministry hoped that such an arrangement will promote mutual trust among countries in the region and not harm its interest.
"We hope it would be beneficial for improving the mutual trust among countries and regions, at the same time safeguarding and promoting peace, tranquillity, and prosperity within the area, without targeting or damaging a third party's interest," it said.
State Department's Acting Assistant Secretary for South and Central Asian Affairs Alice G Wells had said: "As we explore ways to deepen and try to inculcate some of the values - freedom of navigation, maritime security, humanitarian assistance, disaster response, transparency - obviously, Australia would be a natural partner in that effort as well".
Vietnam, the Philippines, Malaysia, Brunei and Taiwan have counter claims over the resource-rich area.
The US has been periodically sending naval ships and planes to assert the freedom of navigation, much to the chagrin of China.
Japanese Foreign Minister Taro Kono said earlier that Tokyo would propose a "top-level dialogue with the US, India and Australia" to promote free trade and defence cooperation across the Indian Ocean.
The US President would arrive in Beijing on a three-day visit from November 8.
Besides the proposed grouping, President Xi Jinping is expected to discuss with Trump, America's new South Asia policy piling up pressure on China's close ally Pakistan over terror safe heavens and Japan's proposal to jointly work out an alternative Silk Road plan with the US and India to counter China's multi-billion-dollar Belt and Road Initiative (BRI) which includes USD 50 billion CPEC.
The quadrilateral idea has drawn criticism from sate-run Chinese media.
Although Wells refuted reports that the move is aimed at containing China, statements by other senior US officials sound suspicious, an article in Global Times said recently.
Wells said that the mechanism will offer countries in the Indo-Pacific region an alternative to predatory financing or unsustainable debt, while US Secretary of State Rex Tillerson recently rebuked China for being an irresponsible international actor prone to predatory economic policies, the article said.
"Investment and trade are an important means to promote world economy. If the US, Japan, Australia and India can coordinate and support infrastructure construction and economic development of Indo-Pacific countries, they are more than welcome. But if they try to incorporate values into economic issues and display prejudice and hostility toward other countries, they will not bring stability to the region," it added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
