US Beefs Up East Asia Ties to Counter China

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President Obama is attending the East Asia summit in Bali as part of a mission to bring American allies closer together to counter the rising power of China in the region.
    
On Thursday, he announced trade deals worth more than $25 million that include the following:

  • Selling Boeing 737s and General Electric engines to Indonesia
  • Selling  Boeing 777s to Singapore 
  • Selling Sikorsky helicopters to Brunei

On Wednesday, the president unveiled a new military agreement that will allow more U.S. military aircraft in Australia and a rotating presence of about 2,500 Marines.
         
Obama said the new agreement will strengthen security throughout the region.

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