This chapter offers a summary of our research findings on the upside of the US-China competition within the security, economic, and political suborders in the Asia Pacific region. In addition, we emphasize two primary challenges to achieving institutional peace in the region: the escalating power rivalry between the US and China, which can lead to proxy wars/conflicts, and the inclination toward irrational and risk-taking decisions by leaders in both nations, often influenced by domestic politics. While it remains the responsibility of the United States and China to prudently manage their strategic competition, we contend that the involvement of secondary states within the region can play a crucial and independent role in mitigating tensions between these two superpowers over critical issues, such as the Taiwan issue and the South China Sea disputes. Their active engagement is indispensable for fostering institutional peace within the Asia-Pacific.