China’s rise has been a significant part of human history; hundreds of millions of people have been elevated out of poverty and China’s leading businesses have been thrust onto the international economic stage. But the money that has flowed as a result of China’s rise is being used for more than poverty alleviation. China’s military budget has increased by double-digit percentage rates each year for the last 20 years, and the People’s Republic has branched out into the blue water in a big way. Is the U.S. being chased out of the Asia-Pacific by China? At a time when President Obama is promoting a "pivot" toward the Asia-Pacific, the U.S. has too few assets to rebalance power in the region and, if defense spending continues to drop, there will be even fewer ships and planes to match the growing Chinese arsenal. Keep updated on China’s rise with AEI’s foreign and defense policy scholars.
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What are the benefits of and obstacles to Asian integration, and what are the implications for America’s economic recovery? How will economic developments in Japan and China affect Asia’s smaller economies? What role does US economic policy play in America’s “pivot” to Asia? A group of experts will address these and other questions surrounding Asia’s economic future.