Four key opportunities present themselves in Northeast Asia, and it's important to grasp them while we can. Compared with the various major structural challenges in the region, the opportunities are few and small. But there are signs that the situation is improving, albeit slowly.

As close neighbors, China and Japan must seriously explore ways to coexist peacefully. The only way to build a robust relationship, as Premier Li Qiang has said, is for both sides to focus on the long-term picture and build on positive elements.

Japan, the world’s third-largest economy, wants to unite the global South and hopes to play a bigger role in the international community. Lacking inclusiveness, however, its strategies and tactics may run aground.

The U.S. and China’s growing rivalry was bound to affect global relationships on multiple levels. Already having established the AUKUS program, the U.S. is also pursuing an adjacent Japan-Philippine-U.S. alliance which will add another security barrier in the Pacific, a difficult fence to raise in a region where many countries rely heavily on China for trade.

Japan seeks to further develop its partnerships with ASEAN countries and neighboring states to reassess its place globally amidst tensions between the U.S. and China.

A approach to regional security that’s heavily based on deterrence will only lead to more insecure outcomes. Military strength is an important component, but it should not be pursued to the virtual exclusion of diplomacy. Regional consensus is essential.

China and Japan have deepened their economic interdependence, but they have a long way to go in building political trust, especially in the security realm. The two countries should get beyond the old concept that starts with military deterrence. It is no longer productive.

Generally speaking, the China-U.S.-Japan trilateral relationship is in a state of turbulence and serious imbalance. The Russia-Ukraine war and the latest Taiwan crisis have further eroded stability. Here is what’s needed now.

The two allies will feel the urge to escalate their positions on Taiwan as a way of testing each other’s loyalty. But intervention in the Taiwan Strait will leave the island in a state of strategic stagnation and will cause unnecessary regional turmoil.

The unfortunate Japanese experience in boosting domestic demand and setting trade policy can be drawn upon today. Hopefully, China will not repeat the mistakes of Japan. Frictions between China and the United States can be addressed if they are willing to meet each other halfway.