US Ambassador Proposes Economic Coalition to Counter China's Influence

Rahm Emanuel suggests a NATO-like trade alliance to address China's economic practices and strengthen regional partnerships.

Emanuel's proposal aims to counter China's economic coercion and mercantilism by forming a coalition with a pledge similar to NATO's Article 5.
The plan seeks to integrate economic strategies with existing security partnerships in the Indo-Pacific region.
China's aggressive economic practices, such as debt-trap diplomacy, have prompted the US and allies to consider more unified economic responses.
Past incidents, like China's tariffs on Australia, highlight the need for diversified trade relationships to reduce reliance on Beijing.
While some regional leaders support a stronger alliance, the US remains cautious about comparisons to NATO's military framework.