The United States seeks to maintain its presence in East Asia, a posture that has provided security to our allies and stability to international trade. Increasingly, it appears China is not content with the American-made and –dominated international order and is now developing the capability to undermine it. The budding US-China security rivalry will shape the region’s future, but experts still debate the effect of China’s rise on regional stability. Is China an emerging threat? If so, is America’s hub-and-spoke Asian alliance system appropriate to deal with it? In what ways might the alliance system be restructured? AEI Resident Fellow Dan Blumenthal, with colleagues from AEI and the Project 2049 Institute, recently wrote a paper addressing these issues titled “Asian Alliances in the 21st Century.” At this AEI event, Mr. Blumenthal and co-author Randy Schriver of the Project 2049 Institute will present their findings. James Traub, contributing writer for The New York Times Magazine and columnist for ForeignPolicy.com, will share his comments.