Does China have its own vision for the regional and international order? Does Beijing seek to challenge the postwar US-led liberal international order and its regional manifestations in Asia? The answer to both questions is an unmistakable 'yes', as exemplified in Chinese leaders' major foreign policy speeches. In contrast to the liberal international order, the preference of Xi's China is for a 'community with a shared future' that is not liberal but plural in nature.The competition between the Chinese and US visions of regional order will be long and arduous, but that does not preclude cooperation when their interests converge. All regional countries must now brace themselves in the years to come for an Asian security structure characterised by a mixture of competition and cooperation between the US and Chinese vision.