Chinese Economic Ties to India, South Korea, Japan & Australia Published Aug. 4, 2023 By HAF A5SM TOPIC SPONSOR: HAF A5SM The US-China strategic competition has increasingly impacted the Asia-Pacific region, both economically and from a national security perspective. The Department of the Air Force seeks to better understand these impacts and, consequently, shape a cost-imposition strategy. This study aims to explore the industrial capacities of four major regional countries - India, South Korea, Japan, and Australia - with a specific focus on their ability to absorb economic and industrial capacity expansion, especially in defense-related industries. How is China imposing costs on India, South Korea, Japan & Australia? How could their economic ties to China limit their economic choices?