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Currently the US.

Russia projects its power near itself, but overall they aren't big moves. A small country or province here and there.

China doesn't project its power unless it is in "China". So China Sea and within China or its borders like with India.

USA often projects its power halfway across the world. If a country becomes unstable and the people in power of the US thinks it is a good idea to invade, then they will. Sometimes decently sizeable countries like Afghanistan and Iraq.