The timing was perfect: just as the new Trump Administration is preparing to take over in the US, Beijing has published a White Paper entitled ‘China’s Policies on Asia–Pacific Security Cooperation’. It claims to outline China’s contributions to Asia–Pacific regional security. But it fails to diminish concerns over its regional ambitions.
China has established a global financial institution that focuses on building roads, railways and other key infrastructure projects crucial to development in Asia. Though there are concerns raised by the United States, the formulation of the AIIB ties China further into a multilateral system.