When Russia invaded Ukraine it jolted the democracies of East Asia—Taiwan, Japan and South Korea, all allies of America. A trip to Japan suggests to Banyan that, as the conflict in Ukraine enters its third year, its implications for East Asian policymakers grow only starker. In Europe the talk is of whether Ukraine can hold on despite dwindling American financial support and the spectre of a second Trump presidency. The consequences for peace in Asia would be devastating if Ukraine loses. A win for President Vladimir Putin might embolden China to reshape the regional order on its terms.
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