The Upside of US-Chinese Strategic Competition: Institutional Balancing and Order Transition in the Asia Pacific [Paperback]

An argument for the possible positive effects of the institutionalised USChinese competition for stability and peace in the Asia-Pacific.This thought-provoking study questions the prevailing narrative on USChina relations, of inevitable conflict between the two giants. It offers a fresh perspective, suggesting that the institutionalised competition, guided by strategic foresight and restraint, may actually foster stability and peace during the international order transition.This thought-provoking study questions the prevailing narrative on USChina relations, of inevitable conflict between the two giants. It offers a fresh perspective, suggesting that the institutionalised competition, guided by strategic foresight and restraint, may actually foster stability and peace during the international order transition.USChinese strategic competition is a defining factor in world politics. The prevailing narrative on USChina relations predicts inevitable conflicts between these two giants, potentially leading to a self-fulfilling prophecy. While fully acknowledging the inherent dangers of potential wars or military conflicts between the two powers, this book shows that competition is not necessarily detrimental. By systematically examining USChina institutional balancing across security, economic and political domains, particularly in the aftermath of the 2008 global financial crisis, this book highlights three positive externalities or unintended consequences: the revitalisation of regional institutions to address emerging challenges, unexpected collaborations between great powers (the US and China) and regional actors, and the provision of public goods by both nations. The book argues that constructive and institutionalised competition between the US and China, if managed with strategic foresight and restraint, could inadvertently lead to positive outcomes  institutional peace  in the Asia-Pacific region.1. International Order Transition and US-China Competition: Belsš