As the Olympics begin today all eyes are on China. This is really China's big coming out party, their “we have arrived” moment. China has already arrived though, in military and economic terms China has been a great power for some time now, pop culture is merely catching up to the reality. The rise of China has impacted many areas of U.S. foreign policy and in this essay (Balancing Asia's Rivals), Prof. Joseph Nye analyzes the impact of growing Chinese power on the U.S. relationship with India and other Asian countries.