U.S.-Led Group Mulls Asia Infrastructure Effort Amid China Push

Australia’s Bishop says countries discussing ‘range’ of moves
Turnbull may discuss plan with Trump in Washington, AFR says

Workers labor at a residential construction site in Ho Chi Minh City, Vietnam, on Thursday, Jan. 11, 2018. A global trade recovery and Vietnam’s young and low-cost workforce have been magnets for international investors like Nestle SA, which have opened factories in the country this year. That’s helping underpin its economy, which expanded 6.8 percent in 2017, among the fastest in the world.Photographer: Ore Huiying/Bloomberg

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By Jason Scott, Emi Nobuhiro, and Iain Marlow

February 18, 2018 at 11:45 PM UTC

Updated on

February 19, 2018 at 4:32 AM UTC

This article is for subscribers only.

Australia, India, Japan and the U.S. are discussing a joint infrastructure plan, Australian Foreign Minister Julie Bishop said, as China’s own building initiative deepens its economic clout across Asia.

Senior officials from the four Group of 20 nations have discussed “a range of opportunities and challenges,” Bishop told Sky News in an interview that aired Monday ahead of Prime Minister Malcolm Turnbull’s White House visit later this week. “There is an enormous need for infrastructure, particularly in our region,” she said.