China’s foreign policy model seems focused on making deals with the existing power no matter what. Part of that seems to be that China does not believe in odious debt like a lot of Western countries do. When settling debts, Chinese institutions have been far more insistent on keeping write-offs from occuring.
China has also generally pushed for more one on one transactional deals with countries. There have been some international institutions made like the AIIB, but I don’t see the institutional creation of systems like the USA tried to do.