Indonesia

The bilateral relationship between the United States and China is arguably the most important in the world today. The two countries make up approximately 42 percent of the world’s economic output and more than half of global military expenditure (at $801 billion, the US share of that total dwarfs China’s). The Biden administration’s recently released National Security Strategy names China as "the only competitor with both the intent to reshape the international order and, increasingly, the economic, diplomatic, military, and technological power to do it." The central objective from Washington’s standpoint is to compete vigorously with Beijing, prevent China from attaining hegemonic status in the Asia-Pacific, and ensure this competition doesn’t slide into conflict.

While final negotiations on the UK’s relationship with the EU continue to drag, No. 10 is moving rapidly to expand Britain’s role in the Indo-Pacific, returning ‘east of Suez’ after a half-century absence. Tied to this goal, Prime Minister Boris Johnson unveiled a modest, yet real, increase in Britain’s defense spending last month, totaling some $21.25 billion and pledging to once again make Great Britain the foremost naval power in Europe. Johnson’s budget announcement sets the stage for implementation of London’s long-awaited ‘Integrated Review’, which is touted as the most significant strategic reassessment of the UK’s diplomatic and security policies since the end of the Cold War.