IV. Chinese foreign policy In more pragmatic ways 1. making friends with all countries on equal basis 1) entering a phase of smooth development in its ties with major powers( the U.S., Russia, EU, Japan) 2) improving ties with neighbouring powers( AsEAN, the two Koreas, India, Pakistan etc.) 3)developing ties with third world countries( in Africa and Latin America) 4) multilateral diplomacy(SCO, ASEAN+3, Six Party Talks, East Asia summit etc.)IV. Chinese foreign policy in more pragmatic ways 1.making friends with all countries on equal basis 1) entering a phase of smooth development in its ties with major powers ( the U.S., Russia, EU, Japan) 2) improving ties with neighbouring powers ( ASEAN, the two Koreas, India, Pakistan etc.) 3) developing ties with third world countries ( in Africa and Latin America) 4) multilateral diplomacy (SCO, ASEAN+3, Six Party Talks, East Asia summit etc.)