June 24, 2015
A national debate is heating up about the rise of China and what it means for US national interests. The assumptions guiding US policy toward China under eight presidents, from Nixon to Obama, are being called into question. Is China seeking to overturn the existing order and displace the United States in the Asia-Pacific? Shaping the Asia-Pacific Future: Strengthening the Institutional Architecture for an Open, Rules-Based Economic Order, the first report by the Brent Scowcroft Center on International Security's Project on Shaping the Asia-Pacific Future, addresses these questions. The authors—Olin Wethington, former Assistant Secretary of Treasury and Nonresident Fellow at the Scowcroft Center and Robert A. Manning, a Senior Fellow at the Scowcroft Center—assess financial, monetary, and trade trends in the region, and new challenges to the current order (such as China's Asian Infrastructure Investment Bank). The report outlines a set of recommendations for US policy that can help bring about the creation of an open, rules-based, and inclusive Asia-Pacific economic structure to foster prosperity for the United States, China, and all economies of the region.

pdfRead the Report (PDF)