Wayne Tan and Anita Chu
In the 21st century, the international system has returned to a bipolar structure and is heading toward a new “Cold War” (Tunsjø, 2018; Ferguson, 2019; Doshi, 2021; Beckley, 2022; Lind, 2024). Countless news reports and commentaries discuss how policymakers in the White House are obsessed with containing China’s economic and technological power, and how Beijing is attempting to break through this containment or undermine American influence. Undoubtedly, the United States and China are already in a situation of mutual confrontation. Conflicts will only proliferate, and the chain reactions of this great power rivalry will destabilize global markets and significantly heighten unpredictability. We have entered an era defined by pervasive risk and crisis.
For states situated in the Asia-Pacific, the sustained expansion of Mainland China’s economic and military power has triggered a perilous logic of hegemonic transition, compelling a strategic response from the United States (Loke, 2021). To be sure, this pessimistic Thucydidean perspective has faced academic challenges (Hanania, 2021). However, considering that the combined aggregate power of the two contemporary titans—the U.S. and China—already far exceeds that of the U.S. and Soviet Union during the previous century, this article contends that the strategic context of the current Sino-American confrontation is significantly more volatile and complex than that of the Cold War (Krickovic & Jaeyoung, 2025). Consequently, several developments merit close attention: First, in today’s international system, states such as Brazil, India, and South Africa exercise greater autonomy and agency than they did during the Cold War.
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