Pompeo announces $113 mil. in new U.S. investments in "Indo-Pacific"

Secretary of State Mike Pompeo announced $113 million in new U.S. investments in technology, energy and infrastructure for the Indo-Pacific on Monday as part of efforts to bolster ties with the region.The new U.S. initiative comes amid concerns about China's growing influence in Asia and elsewhere as Beijing pursues its "One Belt, One Road" policy of connecting countries along the ancient Silk Road trade routes more closely.Washington has decried China's foreign infrastructure investments as an example of "predatory economics" that cause no job creation or economic growth in recipient count…READ FULL ARTICLE