(By BRAHMA CHELLANEY) With Asia in transition and the specter of a power imbalance looming large, it has become imperative to invest in institutionalized cooperation to reinforce the region’s strategic stability. After all, not only is Asia becoming the pivot of global geopolitical change, but Asian challenges are also playing into international strategic challenges.
Asia’s changing power dynamics are reflected in China’s increasingly assertive foreign policy, the new Japanese government’s demand for an “equal” relationship with the United States, and the sharpening Sino-Indian rivalry, which has led to renewed Himalayan border tensions.