Abstract: A key feature of Asia’s evolving strategic landscape is U.S. efforts to promote policy coordination and interoperability among its allies and partners, through dialogues, exercises, intelligence-sharing agreements, and other means. Though useful in addressing practical issues and underscoring shared values, a concern is that these ‘minilateral’ activities could exacerbate Chinese fears of ‘encirclement’ and lead to strategic or economic counter-moves. However, this article suggests that a new ‘security dilemma’ in Asia is not likely. Although Chinese officials and analysts are apprehensive about U.S. bilateral alliance developments, they have largely discounted the emergence of an ‘Asian NATO’ under U.S. stewardship. This is due to perceived divergences between U.S. allies, many states’ economic dependence on China, and U.S. self-restraint. This should open possibilities for greater minilateral cooperation under most conditions. Full text available here.