“Whatever happened to the “Asian Century?” In recent months, two Asias, wholly incompatible, have emerged in stark relief.
There is “Economic Asia,” the Dr. Jekyll — a dynamic, integrated Asia with 53 percent of its trade now being conducted within the region itself, and a $19 trillion regional economy that has become an engine of global growth.
And then there is “Security Asia,” the veritable Mr. Hyde — a dysfunctional region of mistrustful powers, prone to nationalism and irredentism, escalating their territorial disputes over tiny rocks and shoals, and arming for conflict.”
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