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Japan is a cuddlier friend to South-East Asia than America or China - The Economist   

Asian geopolitics is often described in terms of two giants: America, the incumbent superpower, and China, a rising one, standing astride the region and competing to pull smaller countries to their sides, including the ten members of ASEAN, the Association of South-East Asian Nations. But this misses a lot. It elides smaller countries’ agency and oversimplifies what is rarely a Manichaean divide. It also ignores the pivotal role of another rich power with strong ties: Japan.

For many South-East Asian countries, Japan offers a vital hedge against the rival powers, as a source of capital, technology and aid. Over the past decade, Japanese foreign direct investment into ASEAN countries has totalled $198bn, behind America’s $209bn, but beating China’s $106bn. Japanese firms covet South-East Asia’s growing markets, and policymakers see the region as a xxxxxx against Chinese expansionism. Sustained engagement, from mediating regional conflicts to building regional institutions, has helped Japan accumulate substantial influence. According to a survey of South-East Asian researchers, businesspeople and policymakers by the ISEAS-Yusof Ishak Institute in Singapore, Japan is the region’s most trusted outside partner.

That trust will be on display in Tokyo on December 16th-18th, when Japan’s prime minister, Kishida Fumio, welcomes the leaders of nine ASEAN members and Timor Leste. The gathering will mark the 50th anniversary of dialogues between Japan and ASEAN, which began with contentious talks over synthetic rubber. It will also be a moment to recalibrate the relationship, as the power dynamic between Japan and ASEAN members shifts, competition for influence grows, and security fears intensify.

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