Commentary
While the Biden administration’s weakness and decline in military readiness concerning China goes unreported or under-reported in the United States, those nations most vulnerable to Chinese aggression and intimidation are aware of the rising risk of war.
When nations assess their national security status, they analyze all alliances and associations, including military, economic, etc. A critical aspect of that analysis will be the United States and its ability and willingness to fulfill its strategic security obligations. 
Fading US Security Guarantees in the Region
Today, those obligations, first and foremost, involve the threats that China and its de facto proxy, North Korea, pose to the region. Every national security advisor or minister of defense in the Asia-Pacific region that relies on U.S. security guarantees must ask themselves, “Are we as secure today as we were yesterday under American security guarantees?”…