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No China-U.S. talks, NATO in Asia: 5 takeaways from Shangri-La summit

Philippines, Indonesia also make headlines amid growing security concerns

Chinese Defence Minister Li Shangfu says that exchanges with the U.S. should be based on mutual respect as a "fundamental principle."

SINGAPORE -- The Shangri-La Dialogue, Asia's largest security summit, wrapped on Sunday after highlighting growing tensions between the U.S. and China, with defense chiefs from the two nations failing to meet face-to-face even as they both tried to drum up support for their regional policies.

The final day took place against the backdrop of a near collision between part of China's naval fleet and a U.S. ship in a joint exercise with Canada in the Taiwan Strait on Saturday.

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