With one eye on Washington, China plots its own Asia 'pivot'


  • World
  • Friday, 04 Jul 2014

BEIJING (Reuters) - The Silk Road, an obscure Kazakh-inspired security forum and a $50 billion (£29.1 billion) Asian infrastructure bank are just some of the disparate elements in an evolving Chinese strategy to try to counter Washington's "pivot" to the region.

While Chinese leaders have not given the government's growing list of initiatives a label or said they had an overall purpose, Chinese experts and diplomats said Beijing appeared set on shaping Asia's security and financial architecture more to its liking.

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