U.S.-China “Dual Leadership”: The Rise of a New Balance of Power in East Asia?

China’s rising economic clout combined with enduring U.S. military superiority reflects the emergence of a new albeit asymmetric balance of power, argues Quansheng Zhao. Uncertainties notwithstanding, this new order of “dual leadership” in East Asia and the future evolution of U.S.-China relations will have profound implications for the region and beyond.