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To counter China, Australia plans $1.5 billion Pacific infrastructure fund

“To counter, Morrison plans to announce that Australia will renew its focus on the Pacific, primarily through a new infrastructure fund” writes Brendon Thorne for Foreign policy analysts say Australia’s new infrastructure fund will test Australia’s already cool relations with China, its largest trading partner.Australia will create a A$2 billion ($1.46 billion) fund to provide loans to Pacific nations to build infrastructure, Prime Minister Scott Morrison is expected to announce on Thursday, as Canberra seeks to counter China’s influence in the region.

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