US' Strategic Reorientation and Chinese Counter-Narrative: The Economic Reality of Asia-Pacific

The Concept of Asia-Pacific empowers the US to involve in all matters broadly related to Asia-Pacific. In a simple form, the Asia-Pacific region is encompassing West Coast of North America, Australia and major parts of Asia, having the potential to come up as a geopolitical driving force. Asia-Pacific, comprising 22 percent of world land, is one of the most significant regions that possess three well-known Economic Powers, i.e. the US, Japan, and China. Similarly, the region is to be found strategically at an intersection of Middle East, North America, East Asia, and Europe with worlds six largest ports and five highly important Sea Lanes of Communication for international trading. Having so much importance, Goldman Sachs confirms that hub of the global economic activities will be transferred to Asia-Pacific decisively by 2050. The study will analyze the very importance of Asia-Pacific, the US strategic reorientation and the Chinese counternarrative for the region.