Japan’s reputation for quality infrastructure is well-known in Asia, where Tokyo is hitting back at Beijing’s efforts at economic hegemony.
To successfully resolve regional crises, the U.S. must acknowledge and prioritize the core security interests of regional hegemons.
With Beijing holding the majority of AIIB’s voting rights, the bank is seen by analysts as a deliberate effort to pull Asian countries closer into China’s orbit.
Since Xi Jinping the became supreme leader of the People’s Republic of China, the country’s foreign policy has shown greater proactivity and confidence, with more emphasis being placed on constructive engagement with international institutions.
China’s assertive attitude towards its neighbors and America’s role in East Asia has slowly morphed since last autumn’s final round of provocative acts into something less strident.
The Chinese foreign ministry recently announced that China would be setting up a “logistical facility” in the East African country of Djibouti.
Given the amount of money already committed to supporting Afghanistan’s development, the effects of increased spending in Central Asia would be limited. Rather, the U.S. should withdraw from the region, leaving China and Russia to battle over influence.
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