A trade opportunity Washington shouldn’t pass up
As President Obama travels to Honolulu for this weekend’s Asia-Pacific Economic Cooperation summit, he will confront a changing game in Asia. During a recent visit to the region, a senior Asian policymaker told me, “We used to ask what we could get from the Americans in return for their military personnel and basing rights. The new question is, what will we have to give them to get them to stay. And it’s all because of China.”
Meetings with Japanese, Australian and Southeast Asian policymakers and business executives have made clear to me that China is misplaying its hand in Asia. Beijing has miscalculated its ability to cater to nationalist sentiment at home without alarming its neighbors and is inadvertently driving Asian states to build closer economic and strategic ties with the United States and each other.… Seguir leyendo »