China’s Rise and the U.S Pivot to Asia: The Implications of Trans-Pacific Partnership on the Regional Economic Architecture

Lo, Catherine Yuk-ping

doi:10.1007/978-3-658-18894-8_6

Cited by 1 publication

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“…TPP was the centrepiece of the Pivot to Asia strategy. Some scholars (Lo, 2018) suggested that it is a strategy of soft balancing by the US towards the rise of China, and it may be a challenging outcome for Obama's pivot to Asia. Obama's successor, Trump, rejected the TPP, while Biden described the TPP as imperfect.…”

Section: Unsuccessful Trans-pacific Partnership (Tpp)mentioning

confidence: 99%

The United States (US) Strategy of Pivot to Asia: Balancing the China’s Economic Power in Southeast Asia

Mohd¹,

Adnan²,

Ismail³

et al. 2022

IJARBSS

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Despite the US official statement that the purpose of its pivot to Asia is to rebalance the foreign policy towards Asia, it is also known that it aimed for the US to "rebalance" growing China's power in economy and military. Prospectively, the pivot to Asia aims to create a more balanced economy, security and diplomacy. However, it risks creating Chinese perceptions and suspicions that lead to a more competitive acquisition of the position of "superpower" in the region, especially in the economy. So how did the US implement the strategy concerned with China's economic growth in the region? Thus, this article aims to discuss the strategy of the pivot to Asia in facing the rise of China's economic activities in Southeast Asia. The study was qualitative by conducting library research, and the data were analysed using a thematic approach. The study highlights four strategies of economic elements, i.e. reducing the defence budget, new defence plans, engagement in Southeast Asia multilateral and regional institutions, and promoting the Trans-Pacific Partnership (TPP). This article confirms that despite the aim to rebalance the policy to the Asia Pacific, all the economic strategies implemented concerned the rise of China as an economic power in the region. Overall, this study concludes that the pivot to Asia strategy only created another continuous rivalry between US-China and balanced the hegemonic superpower in Southeast Asia.

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Section: Unsuccessful Trans-pacific Partnership (Tpp)mentioning

confidence: 99%