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4 - Institutional Balancing in the Economic Suborder

Beyond the Spaghetti Bowl Effect

Published online by Cambridge University Press:  25 June 2025

Kai He
Affiliation:
Griffith University, Queensland
Huiyun Feng
Affiliation:
Griffith University, Queensland
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Summary

Chapter 4 shifts its focus to the US-China institutional balancing within the economic domain and its consequences for the transformation of the economic suborder. It systematically examines the institutional balancing efforts between these two nations through the Asian Infrastructure Investment Bank (AIIB), Belt and Road Initiative (BRI), Regional Comprehensive Economic Partnership (RCEP), Trans-Pacific Partnership (TPP), and Indo-Pacific Economic Framework (IPEF). The unintended consequences stemming from this institutional balancing between the United States and China within the economic sphere signal the emergence of a multifaceted network of economic institutions and initiatives that transcends the conventional “noodle-bowl” model, characterized by interwoven free trade agreements.

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Chapter
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The Upside of US-Chinese Strategic Competition
Institutional Balancing and Order Transition in the Asia Pacific
, pp. 90 - 117
Publisher: Cambridge University Press
Print publication year: 2025

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