This week the Economist had an incredible cover-featured story on the APEC summit and relationship of the United States and China. One of the most notable observations was that the entire region of the Pacific Rim “has become too prosperous and too complex for the ocean to be either America’s lake or China’s.” The two nations may compete for markets, favorable trade deals, security agreements, and influence in the nations around the Pacific, but neither can successfully seek to assert true dominance. This is in line with a quote by President Xi that “it is for the people of Asia to…uphold the security of Asia.” Self determination will certainly make a more prominent role in the near future of the region and its component nations.
The entirety of the Economist piece offers a wide-view picture of Chinese economic growth, U.S. security concerns, vying trade deals, and regional tensions. These issues paint the picture of international political economy across the Pacific Rim and will be a prime issue in U.S. foreign policy ( and the prime issue in Chinese foreign policy) for at least the decade to come.