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'India, US, Japan, Australia may take on China's OBOR with an alternative'

Four-way plan still 'nascent', a US official told the Australian Financial Review; topic on agenda when Turnbull meets Trump

Reuters  |  Sydney 

Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an alternative to China's multibillion-dollar Belt and Road Initiative in an attempt to counter Beijing's spreading influence, the Australian Financial Review reported on Monday, citing a senior U.S. official. The unnamed official was quoted as saying the plan involving the four regional partners was still "nascent" and "won't be ripe enough to be announced' during Australian Prime Minister Turnbull's visit to the United States ...

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First Published: Mon, February 19 2018. 16:11 IST