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The Obama administration's foreign policy energies are fully engaged in the Middle East – negotiating the Iran deal, sending special forces into Iraq, supporting Saudi airstrikes in Yemen, working with the Syrian rebels. Whatever happened to the pivot to Asia?Remember, the basic argument behind the pivot was that the United States was overinvested in the Middle East, a crisis-prone region of dwindling importance to the American national interest. Asia, on the other hand, is the future. Of the world's four largest economies, three are in Asia, if measured by purchasing-power parity. And yet, the United States is once more up to its neck in the Middle Eastern morass. It will be shaped by how the world's established superpower handles the new rising one, China.China is now the world's second largest economy – actually the largest measured by purchasing-power parity.The Obama administration's opposition to the Asian infrastructure bank was, quite simply, dumb.
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