The Upside of US‒Chinese Strategic Competition: Institutional Balancing and Order Transition in the Asia Pacific

The world is in crisis. The Russian invasion of Ukraine in early 2022 has signified a military challenge of a resurgent Russia to the existing international order in the 21st century. The conflict between Israel and Hamas, which began in October 2023, has further jeopardized international peace and stability in the international order. However, in the eyes of US policymakers, China was still seen as 'America’s most consequential geopolitical challenge' in the 21st century. Strategic competition between the United States and China has intensified since the COVID-19 pandemic.
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