Although Taiwan is not a member of the association it is closely aligned with ASEAN and has strong links with most of the 10 member states.

The majority of these, like Taiwan, have shorelines on the South China Sea, the strategically and commercially significant body of water over which Beijing is trying to exert almost total control.

Mr Biden told the virtual East Asia summit, held in conjunction with this week's ASEAN summit, America was "deeply concerned by China's coercive ... actions [towards Taiwan]" and that they "threaten regional peace and stability".

He also told ASEAN leaders the US would stand with them in defending freedom of navigation in the South China Sea and democratic principles in the region.

And, in an even more significant development, he foreshadowed talks with "partners in the Indo-Pacific" about developing a regional economic framework. The possibility this could foreshadow a fresh challenge to Beijing's "soft power" Belt and Road Initiative should not be ruled out.

Mr Biden's remarks came less than a week after he said the US was committed to coming to Taiwan's defence.

"China, Russia and the rest of the world knows we're the most powerful military in the history of the world," he said. "What you do have to worry about is whether or not they're going to engage in activities that would put them in a position where they may make a serious mistake".

An attack on Taiwan by Beijing would fall into that category.

These, and other recent developments including the AUKUS treaty, the nuclear subs deal, and Telstra's recent taxpayer funded purchase of the South Pacific's largest mobile phone carrier in a pre-emptive strike against China Mobile, are all evidence tensions are rising and Taiwan is a likely flashpoint.

China has adopted an aggressive "wolf warrior" stance towards the West under Xi Jinping's leadership and it is understandable the West is pushing back on numerous fronts, including forming stronger ties with other nations in the region.

AUKUS is one example of this. "The quad" is another. The establishment of a "comprehensive strategic partnership" between ASEAN and Australia at this week's summit is also significant.

The strategic partnership has a strong economic element with the Prime Minister committing $154 million towards health, energy security, counter-terrorism, transnational crime, and pandemic recovery projects.

While all of these measures are fair and reasonable given Beijing's aggressive stance, there is a grave risk that as the war of words escalates, the West carries out freedom of navigation exercises in the South China Sea, and China conducts military exercises in airspace claimed by Taiwan, the new cold war could get hot very quickly. Accidents happen and there is not a lot of dialogue between Washington and Beijing - or Canberra and Beijing for that matter - right now.

President Biden and President Xi Jinping are due to hold a virtual summit in November in order to try to move relations in a more "constructive direction".

Given both leaders know any conflict between the Chinese hegemony and the Western bloc would be mutually disastrous it is to be hoped they will stop the nationalistic posturing and endeavour to bring about a sustainable détente.

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