China has awarded Venezuela 5 billion dollars for unspecified “development plans,” President Nicolas Maduro said on Sunday, approximately three months after an official visit to China. According to published reports, the loan is part of a 10 billion deal to be completed in the following months.

How might a Republican White House engage Asia?(...)At a Council on Foreign Relations symposium on U.S. Rebalance to Asia held earlier this week, Daniel Russel, Assistant Secretary of State for East Asian and Pacific Affairs, cautioned against the “politics of China” in the 2016 presidential campaign. Republican candidates might consider three elements in appropriating the rebalance within a Republican foreign policy rubric.

First and foremost, the Maritime Silk Road is designed to pacify neighboring countries threatened by China’s aggressive territorial claims in the South China Sea. Curiously, China has attempted to both aggravate tensions among its Southeast Asian neighbors and soothe them at the same time, contrary to its normal pattern of swinging back and forth between aggressive brinksmanship and diplomatic rapprochement (such as in China’s relationship with Taiwan or its cutting off and then reestablishing of military-to-military ties with the United States). 

On April 20, Xi and Sharif signed agreements to begin building the China-Pakistan Economic Corridor (CPEC), a network of roads, railway, and pipelines linking western China with Pakistan's Arabian Sea coast. The corridor is part of China's aim to forge "Silk Road" land and sea ties to markets in the Middle East and Europe.

Former Australian Prime Minister Kevin Rudd has emerged as a key broker of perceptions between the U.S. and China. He was a member of the Berggruen Institute's 21st Century Council delegation that met Chinese President Xi Jinping in November 2013 in Beijing and is currently director of the Asia Society Public Policy Institute.On behalf of the Belfer Center at Harvard, he has just completed a seminal report "U.S.-China 21: The Future of U.S.-China Relations Under Xi Jinping." Below are the key conclusions of that report. 

Policymakers in the United States, China, and other Asian powers must choose whether to deal forthrightly and sensibly with the changing regional power distribution or avoid the hard decisions that China’s rise poses until the situation grows ever more polarized and dangerous.

One Belt, One Road calls for increased diplomatic coordination, standardized and linked trade facilities, free trade zones and other trade facilitation policies, financial integration promoting the renminbi, and people-to-people cultural education programs throughout nations in Asia, Europe, the Middle East, and Africa.

Indian and Chinese officials concluded talks in Beijing earlier this month that covered a host of issues, including the establishment of new confidence building methods, joint efforts on humanitarian disasters at sea, as well as four additional points of emergency interaction between border personnel in the Ladakh region, at Track Junction, Panging Tso Lake, Demchock and Chumar.(...)Apart from its economic implications, the OBOR initiative clearly seeks to strengthen China’s regional influence, while aspiring to connect China with Africa and Europe by road, sea and rail.