China’s standing in Asia is waning due to its tough zero-COVID policy during 2022, while the US has cemented its position as the top power in the region.
That is a major conclusion of the Sydney-based Lowy Institute’s Asia Power Index for 2023 released today.
China recorded the biggest slump out of the 26 nations and territories in the think-tank’s report.
Meanwhile, the US consolidated its place as the leading power in Asia due to strong economic ties and defence links.
While many nations recorded a decline in power and influence, Australia bucked the trend because it was less impacted by the COVID-19 pandemic.
Australia stands at number six on the institute’s Asia Power Index 2023, with a trend described as “steady”.
The country’s comprehensive power is now back to about its pre-pandemic level.
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The study examined shifts across 133 indicators including economic performance, defence links and diplomatic relations.
Overall, the US was placed first, followed by China, Japan, India and Russia.
China’s rankings on economic competence and cultural influence declined the most, because of the communist government’s decision to implement harsh lockdowns and restrict global travel by its citizens.
But the report noted China was advancing its military power and was catching up with the US in that field.
The study also referenced Beijing’s major military exercises around Taiwan, which China claims is part of the mainland.
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