EU engagement in Central Asia has been reactive than proactive. U.S. withdrawal in Afghanistan, and the amalgamation of EU expertise and the Chinese financial power may significantly help mitigate the effects of poverty in Central Asia. Yet, at this stage these prospects are detached from the reality and embody rather normative aspirations.

In the past, people measured China’s contribution to global economic growth through China’s GDP growth. But many factors in the GDP are the profits created by the foreign companies’ investments in China, so new ways of looking at the impact of China’s economy are in order.

The Philippine’s theme of this year's APEC Summit is “Building Inclusive Economies, Building A Better World.” Like the case for China's 2014 hosting, this 2015 agenda reflects clear Philippine domestic imperatives. As a major labor exporter, the Philippines will work well with the topic of investments in human capital development.

China’s “One Belt, One Road” initiative would create multiple economic corridors encompassing more than 60 countries Asia, North Africa and East Africa, linking the most dynamic East Asia Economic Zone with the advanced European Economic Zone. Intraregional free trade and infrastructure funding will enable more efficient circulation of currency and culture.

China and its Eurasian neighbors likely discussed the future of Central Asian security while attending the Chinese military parade. Chinese leaders may have to assume a more prominent security role in Central Asia and talks with U.S. officials can make this process more manageable.

Although One Belt, One Road is hailed as one of the grandest flagship projects of Beijing, it may have a bumpy start in Central Asia. Corruption scandals may overshadow laudable development achievements, whilst the new Silk Road may emerge as the Golden Road for kleptocratic governments and rent-seeking elites.

As the focus of the West was fixed in Greece and Iran, the 7th BRICS Summit began a massive shift from a dialogue to an economic partnership – one whose full impact will be witnessed in the coming years.

Neighbourhood diplomacy is becoming a foreign policy priority for official Beijing, and demonstrates that China is willing to undertake the role of mediator in Afghanistan and accelerate regional efforts to bring all relevant parties to the negotiating table.

The Asian Infrastructure Investment Bank will help finance billions in infrastructure projects around Asia, and also challenge the existing financial institutions. Curtis S. Chin, provides suggestions on how the new institution should organized to be efficient, environmentally stringent, and respectful of local rights.

Could China’s export infrastructure drive be at risk from its actions in the South China Sea? To win overseas infrastructure contracts, China may have to choose between a trouble free ‘going out’ strategy, and an aggressive ‘island-building’ South China Sea policy.