Since the 2010s, China has used economic coercion against Western and Asian states to achieve territorial and political goals. China's leveraging of its market is a form of “predatory liberalism” that weaponizes the networks of interdependence created by globalization. The United States and other like-minded partners have mostly used piecemeal “de-risking” measures such as decoupling, supply chain resilience, reshoring, and trade diversion to reduce dependence on China and thereby minimize vulnerability to its economic coercion. But these practices do not stop the Chinese government's economic bullying. “Collective resilience” is a peer competition strategy designed to deter the Xi Jinping regime's economic predation. What informs this strategy is the understanding that interdependence, even asymmetric interdependence, is a two-way street. Original trade data show that the previous and current targets of economic coercion by the Xi Jinping regime export over $46.6 billion worth of goods to China on which it is more than 70 percent dependent as a proportion of its total imports of those goods. These target states could band together in a collective resilience alliance and practice economic deterrence by promising to retaliate against China's high-dependence trade should Beijing act against any one of the alliance members.

In East Asia the United States cultivated a “hub and spokes” system of discrete, exclusive alliances with the Republic of Korea, the Republic of China, and Japan, a system that was distinct from the multilateral security alliances it preferred in Europe. Bilateralism emerged in East Asia as the dominant security structure because of the “powerplay” rationale behind U.S. postwar planning in the region. “Powerplay” refers to the construction of an asymmetric alliance designed to exert maximum control over the smaller ally's actions. The United States created a series of bilateral alliances in East Asia to contain the Soviet threat, but a congruent rationale was to constrain “rogue allies”—that is, rabidly anticommunist dictators who might start wars for reasons of domestic legitimacy and entrap the United States in an unwanted larger war. Underscoring the U.S. desire to avoid such an outcome was a belief in the domino theory, which held that the fall of one small country in Asia could trigger a chain of countries falling to communism. The administrations of Harry Truman and Dwight Eisenhower calculated that they could best restrain East Asia's pro-West dictators through tight bilateral alliances rather than through a regionwide multilateral mechanism. East Asia's security bilateralism today is therefore a historical artifact of this choice.