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China’s Greater East Asia Co-Prosperity Sphere

Wars can be prevented by deterrence. But deterrence is complex. In truth, China is far

weaker than the U.S. It should be politely reminded of that fact, as the United States carefully recalibrates deterrence based on its superior military and economic strength, iron resolve, and confidence in its institutions. The current Chinese Co-Prosperity Sphere is as dangerous—but also as vulnerable—as its failed Japanese predecessor.

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