FOR EUROPEANS at the Munich Security Conference the talk was all about betrayal and “appeasement”. President Donald Trump’s looming abandonment of Ukraine raised fears that America was renouncing its role as the guarantor of European security. Yet the earthquake in relations across the Atlantic seemed to cause barely a ripple in the Pacific, where America’s generals and securocrats at the Honolulu Defence Forum waxed about the importance of boosting Asian allies. Perhaps, suggested one South Korean attendee, cutting a deal with Russia will allow America to focus on deterring the might of China.