
There's little debate over those capabilities, which are clearly superior to what they were only a few years ago, and improving fast. But China's intentions are harder to read. David Finkelstein, director of China Studies at the Center for Naval Analyses in Alexandria, Va., says that he shares the "great uneasiness about how China will use its incipient but growing maritime power" throughout the region, but also notes that in recent years China has concluded that "time is on their side on Taiwan" and thus have been "relatively more relaxed" than in the past.
The obvious Cold War analogy is to the policy of containment: George Kennan believed that the Soviet Union hoped to dance on America's grave but he was prepared to wait for history to inevitably unspool itself; the Soviets could thus be deterred by a patient and persistent policy of containment. Finkelstein argues that a combination of forceful American diplomacy, which he credits the Obama administration with undertaking, and the current level of American military presence -- the Pacific fleet and 60,000 active-duty troops in the region -- has already contained China's ambitions, and will probably continue to do so. Kaplan, too, for all his projections of growing Chinese naval and air power, argues for maintaining the current state of military deployment. In short, it's the intentions that matter.
The authors of "Asian Alliances," by contrast, tend to infer China's intentions from its capacities. In an ominous scenario that carries a strong whiff of Herman Kahn, or perhaps Dr. Strangelove, they describe China using missiles and bombers to launch a devastating attack on Taiwan and the United States responding with a missile strike against the mainland, which in turn leads to … Armageddon. The only way to preclude such a cataclysm, the authors argue, is to adopt much tougher counter-measures: rollback, in Cold War terms.
The "Asian Alliances" report warns that "Asia's future demands nothing less" than a new "shared strategic concept." The web of Cold War alliances should give way to a military partnership among the United States, Japan, South Korea, the Philippines, Indonesia, and others that would require a major increase in military spending and in military and intelligence cooperation. "[A]ny would-be aggressor" would be made to understand "that targeting one ally means invoking the ire of the rest." It's hard to believe that these states would agree to join such an explicitly anti-Chinese coalition. There's also the danger that China would react by concluding that time was no longer on its side, thus turning the coalition into a devastatingly self-fulfilling prophecy.
The costs for the United States would be greater still. The "Asian Alliances" report accuses the United States of courting "strategic insolvency" and proposes investments in vast amounts of new weaponry. In a congressional briefing, Blumenthal specified the hardware: "a next-generation bomber; large numbers of attack submarines (SSNs); a sizeable fifth-generation tactical aircraft fleet" and on and on and on.
That sounds costly, no? Mitt Romney, who never loses an opportunity to talk up the threat from China, not to mention Russia, would peg defense spending at 4 percent of GDP -- $600 billion, or $70 billion more than the current total, which of course would necessitate equivalent cuts elsewhere to make up the difference. Or perhaps voters should accept that national insolvency is a price worth paying in order to address strategic insolvency. Or of course we could Lose China again. Or risk the Big One.
Americans are, understandably, much too obsessed with the economy right now to spare a thought for national security. But the debate is waiting in the wings. The threat of terrorist attack is very real, but diminishing. Al Qaeda is not the national nightmare it once was. Are Americans going to replace it with a new nightmare -- or rather, a recycled one from the depths of the Cold War? I certainly hope not. China's regional ambitions do need to be checked. But if America bankrupts itself in the process, we'll win the battle and lose the war.

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