China: The Road Ahead

CHINA AND GLOBAL GOVERNANCE
- Hongying Wang and James N. Rosenau (pp. 5-39)

China's development has enormous implications for how the world is governed. The sheer size of the country means the effect of its activities inevitably spills over its borders. Beyond that, there is evidence that the Chinese government has taken an active role in a number of policy areas to defend China's expanding national interest and to strengthen its status in the world. As China's economy and its political ambition continue to grow, so will its influence around the world. In this article, we examine Chinese views and practices with regard to global governance. We also discuss the major factors that will shape the future of China's involvement in global governance.
Key words: China, global governance, global finance, Chinese foreign policy, international system

CHINA AND GLOBALIZATION: CONFRONTING MYRIAD CHALLENGES AND OPPORTUNITIES
- Samuel S. Kim (pp. 41-80)

China, with its rapid economic rise, holds one of the master keys to the future of globalization in the post-cold war world. This article explores how China is coping with the forces of globalization since that time, beginning with a brief description of the global discourse and politics on globalization. The article then tracks Chinese views on globalization, especially how its promises and perils are conceptualized and addressed by key pundits and decision makers. An examination follows of the complex and evolving interplay between globalization and China's policies in terms of globalizing economy, security, and soft power. The final section sketches out a series of major challenges confronting the Chinese leaders, each of which will involve a strategic decision and sequencing regarding how to cope with globalization challenges and how to redefine the role of the state as a competent, efficient, and adaptable actor.
Key words: China, globalization, Chinese foreign policy, soft power

THE OBAMA ADMINISTRATION AND CHINA: POSITIVE BUT FRAGILE EQUILIBRIUM
- Robert Sutter (pp. 81-106)

The Obama administration's initially positive and constructive engagement with China comes amid continuing differences and mutual suspicions. The priorities and pragmatism of U.S. and Chinese leaders and enduring U.S. leadership in Asia demonstrate that the positive equilibrium in relations between the two administrations is likely to continue, though it will remain fragile because of different interests and suspicions.
Key words: U.S.-China relations, U.S. policy in Asia, Obama administration, engagement, mutual suspicions

JAPAN AND THE EAST ASIAN MARITIME SECURITY ORDER: PROSPECTS FOR TRILATERAL AND MULTILATERAL COOPERATION
- Gaye Christoffersen (pp. 107-149)

Japan has pursued a grand strategy of creating an East Asian maritime order with a special emphasis on situating a U.S.-Japan-China trilateral arrangement, based on cooperative security, at the core of an East Asian maritime regime. The United States and China have slowly adopted some of this Japanese strategy. This article examines the lessons East Asia has learned from several maritime security initiatives-America's Proliferation Security Initiative (PSI) and its Regional Maritime Security Initiative (RMSI), Japan's ReCAAP, and Southeast Asia's MALSINDO-that were applied to the anti-piracy operations off the Somali coast and the Gulf of Aden. Despite the influence of Japan's strategy for maritime security, paradoxically it has responded more slowly in its deployment to the Gulf of Aden, contributing to the traditional image of Japan as a reactive state. The institutional design of maritime regimes in the Gulf of Aden and in East Asia is thus incrementally unfolding; maritime cooperation is taking place in an ad hoc, bottom-up manner with very uncertain outcomes.
Key words: Japan, maritime security, multilateral security - East Asia, piracy

ASIA'S INSTITUTIONAL CREATION AND EVOLUTION
- Yasumasa Komori (pp. 151-182)

This article explores the formation and evolution of regional institutions in the Asia-Pacific and East Asia. Employing a historical institutionalist framework, this article argues that both Asia-Pacific and East Asian regional institutions were created at critical junctures, precipitated by extra-regional developments that called the legitimacy of existing institutional mechanisms into serious question. Preexisting institutions greatly shaped the institutional design of the subsequent regional institutions, revealing a path-dependent nature of institutional evolution. The timing and sequence of regional institution building is an important factor for explaining institutional change. Specifically, the analysis demonstrates that although new regional institutions with different memberships have emerged at critical junctures, the centrality of ASEAN as a source of institutional modus operandi has persisted within these institutions, notwithstanding changes in material circumstances and the recognition of inefficiencies and ineffectiveness.
Key words: APEC, ASEAN+3, East Asia Summit, historical institutionalism, regionalism

PREPARING FOR A PEACE PROCESS IN THE KOREAN PENINSULA
- Kun Young Park (pp. 183-207)

The rollback of North Korea's nuclear program is closely intertwined with the peace process in the Korean peninsula and resuscitation of the Nuclear Nonproliferation Treaty (NPT). With the recent thaw in U.S.-North Korea relations, a new opportunity is emerging for the two Koreas and the United States. The international community and the concerned parties cannot afford another failure given the imminent danger of the current security situation on the peninsula and the resulting pressing need for peace building. It is time for them to make a serious effort to bring about a Korean peace that would, in turn, contribute to peace, prosperity, and democracy in the region and the rest of the world. This article looks at policy alternatives that will effectively bring solid and lasting peace to the Korean peninsula.
Key words: armistice, peace treaty, U.S.-North Korea relations, economic community, arms control, multilateral security cooperation in Northeast Asia