Indeed, since the 1980s, China has eschewed formal alliances with other nations as a matter of policy; the only two countries that come close to qualifying as China's strategic allies are Pakistan and North Korea. (fortune.com)
KhattarWong becomes largest Singaporean firm to enter formal alliance agreement through Withers deal after working in same building since 2012 (legalweek.com)
And while the two groups aren't anything like formal alliances, the economic interests within each group are more closely aligned than those across the divide, and hence it's easy to imagine the major disagreements about how to manage the European economy over the coming years falling more or less along this fault line. (blog.politics.ox.ac.uk)