The Lowy Institute launched the 2025 edition of the Asia Power Index on 9 December in Melbourne.

Lydia Khalil convened this conversation with Susannah Patton, project lead for the Asia Power Index, Richard McGregor, senior fellow for East Asia at the Lowy Institute, and Professor Bec Strating, director of the La Trobe Centre for Global Security.

The panellists discussed the 2025 Asia Power Index findings, focusing on the shrinking power gap between the US and China, with the US experiencing decline due to Trump's tariff policies and reduced diplomatic engagement, while China positions itself as a stable regional partner. They also examined the challenges facing middle powers like Japan, South Korea and Southeast Asian nations, as well as Australia falling to sixth place amid questions about its ability to resource its growing security commitments in the region.

The Asia Power Index is the Lowy Institute's annual flagship publication tracking the changing distribution of power in Asia.

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