U.S. to Spend $1.5 Billion and Create Asian Version of NATO?
China has acc US ed the U.S. of advancing in its plans to create an Asian version of NATO to safeguard its interests in the southern region. NATO consists of 32 countries and the majority are Western allies of the U.S. ranging from Europe and North America. The countries associated with NATO have good ties to the U.S. with plum trade deals. Also Read: 93% Oppose U.S. Plans of Creating ‘Asian NATO ’ However, China is unhappy with the U.S. planning to ally with Asian countries similar to NATO . The alliance, if created, would consist of countries including Japan, South Korea, and A US tralia, among others. The cost for the formation of the alliance stands close to $1.5 billion and could exceed further if implemented. Also Read: BRICS De-Dollarization Agenda Fails: US Dollar Supremacy Intact Will the U.S. Create an Asian NATO Spending $1.5 Billion? Source: Ron Przysucha / State Department China fears Asian NATO could dent its power in the southern region making the U.S. take control o...