The increasing tensions in the East and South China Seas evidence the scope of the Asian giant�s ambitions and also the security weaknesses that threaten many of the countries of the Asia-Pacific region. Stemming from diverse interests, the US strategy of returning to the area is shaping a new landscape marked by a clear trend towards polarisation. The role and ability of regional institutions, such as the ASEAN, to provide measures for confidence building and the peaceful settlement of disputes is being called into question, while military budgets are continuing to rise year after year. Economic interdependence has a powerful moderating effect within the area, but it must be dissociated from security goals that are moving in the opposite direction, seeking a balancing diversity.
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