East Asia looms as an economically dynamic but militarily volatile corner of the globe. Coming to grips with the challenges that the region presents to the world requires a solid grasp of the nexus of economics, security, and major power relations. This edited volume of high‐quality contributions from Chinese and American scholars of international relations offers valuable insights, especially regarding the impact of China’s rise in East Asia. An introduction by editors Avery Goldstein and Edward Mansfield provides an erudite and comprehensive overview.

The chapters by the Chinese contributors to the volume are particularly useful in understanding Beijing’s perspectives on regional issues and the role of the United States. Yuan Peng, a leading analyst at a prominent Beijing think tank associated with the security apparatus, stresses that China and the United States share common interests in Northeast Asia. Consequently, he makes a case for great‐power cooperation. While Yuan recognizes the complexities of the security problems of Northeast Asia, he seems unduly optimistic about the prospects for U.S.–China cooperation. He sensibly argues that improved coor­dination over area issues is essential if ties between Washington and Beijing are to improve. Yet, his chapter also highlights t