President Joe Biden receives a salute from a guard of honor with Japan's Prime Minister Fumio Kishida ahead of their meeting in Tokyo on May 23, 2022.
President Joe Biden receives a salute from a guard of honor with Japan's Prime Minister Fumio Kishida ahead of their meeting in Tokyo on May 23, 2022.

Biden set to unveil his economic plan for countering China in Asia

President Joe Biden on Monday plans to unveil a long-sought economic plan for engaging a region coming increasingly under the influence of China, as he enters the second leg of his debut tour of Asia.

The announcement is one of the centerpieces of Biden's visit to the continent, which began last week in South Korea and is continuing this week in Japan. Before Biden unveils the Indo-Pacific Economic Framework, which his aides refer to as IPEF, he called on Japan's Emperor Naruhito and sat for bilateral talks with Prime Minister Fumio Kishida, where security topics are expected to arise.

"The United States remains fully committed to Japanese, Japan's defense, and we will face the challenges of today and the future together," Biden said in his meeting with Kishida, their first formal face-to-face.

"The purpose of the visit is to increase our cooperation with other nations of the region and deliver concrete benefits to the people of the Indo-Pacfic region," Biden said, going on to thank Kishida for joining a US-led effort to punish Russia for its invasion of Ukraine.

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