Canada unveils new Asia-Pacific strategy

OTTAWA: Canada on Sunday (Monday in Manila) unveiled its new economic and diplomatic strategy for the Asia-Pacific region, allocating CA$2.3 billion ($1.7 billion) over the next five years to the plan aimed at mitigating risks posed by China.

The government of Prime Minister Justin Trudeau has based its strategy on five major planks: promoting peace and security, notably by sending a warship to the region; bolstering trade and investment; boosting "feminist international assistance;" financing sustainable infrastructure; and increasing its diplomatic presence.