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The relationship between China and the United States, two driving forces of world growth, is symbolized by some commercial and monetary difficulties. But these commercial and financial partners are strategic rivals. Behind their relationship, the entire distribution of power in Asia is in question: the Chinese regional role, the place of Japan, the new American alliances. A new regional paradigm is in gestation, that the United States must help develop.Jacques Mistral Professor of the Universities, is Senior Fellow in the Kennedy School of Government (university of Harvard, Cambridge, MA).