Hong Kong CNN  — 

If Donald Trump and Kim Jong Un make peace and agree to denuclearize the Korean Peninsula in their Singapore summit, the benefits would be felt across the region, not least in China, or so conventional wisdom has it.

Beijing would presumably see the threat of war in a bordering country almost disappear, trade sanctions lifted and a longtime ally in Pyongyang enter a new era of stability.

Not so fast, Asia analysts say. Beware the law of unintended consequences.

“Stability on the (Korean) Peninsula might mean the US is freer to pursue strategic competition with China than it is now,” said Corey Wallace, an Asian security analyst at Freie University in Berlin.

That competition has come to the forefront in the run-up to the June 12 summit as US-China tensions have spiked over Chinese military fortifications on man-made islands in the South China Sea.

“Despite China’s claims to the contrary, the placement of these weapon systems is tied directly to military use for the purposes of intimidation and coercion,” US Defense Secretary James Mattis told the Shangri-La defense forum in Singapore last weekend.

That’s a challenge the US is prepared to stand up to both now and into the future, Mattis said.

“Make no mistake: America is in the Indo-Pacific to stay. This is our priority theater,” said the defense secretary.

Wallace and other analysts said an easing of tensions in Korea could free up some of the tens of thousands of US forces deployed on the peninsula.

“Those troops are currently committed to Korean contingencies and in most China-related conflicts it would be very difficult for the US to employ forces based on the peninsula,” said Timothy Heath, senior defense analyst at the RAND Corp. think tank.

180530-F-ID393-0082 JOINT BASE PEARL HARBOR-HICKAM (May 30, 2018) Adm. Phil Davidson relives retiring Adm. Harry Harris as commander of U.S. Pacific Command during a Change of Command ceremony at Joint Base Pearl Harbor-Hickam, Hawaii. USPACOM is committed to enhancing stability in the Indo-Pacific region by promoting security cooperation, encouraging peaceful development, responding to contingencies, deterring aggression, and, when necessary, fighting to win. (U.S. Air Force Photo by Airman 1st Class
US admiral: China is our biggest challenge
01:27 - Source: Department of Defense

With responsibility for protecting South Korea reduced, those forces could be used to project US power in other parts of the Asia-Pacific such as Japan, Singapore, Australia and the Philippines – and in doing so, place a renewed focus on countering Chinese influence in the region.

“US forces won’t simply pack up and go home,” said Wallace.

Beijing must also be wary its longtime ally in Pyongyang doesn’t gravitate toward a new friend in Washington.

“Rapprochement could harm China’s interests if North Korea starts making decisions that prioritize US over Chinese preferences to maintain good ties,” Heath said.

“Like every country in Asia, North Korea has an incentive to seek warmer ties with the US to balance against Chinese power.”

For instance, North Korea might be able to negotiate better trade deals with the US and the West than it currently receives from China, its biggest trading partner.

Sam Roggeveen, an analyst at Australia’s Lowy Institute, says North Korea’s claims to be able to fire nuclear-armed missiles as far as New York or Chicago gives China another advantage, by creating uncertainty between US allies as to whether the US would truly back them up if they were attacked.

Japan and South Korea need to ask themselves, “Would the US risk losing a major city in our defense?” Roggeveen said. “The answer is no.”

China can then, in theory, parlay those doubts into whether the US would come to the aid of Japan in relation to the contested Senkaku/Diaoyu island chain in the East China Sea, or even whether the US would defend Taiwan if China moved on it militarily, analysts say.

Remove those doubts, and the US’ regional alliance becomes more secure, especially when faced with a common threat.

And whereas North Korea is a threat to North Asian countries, China’s influence extends across Asia, potentially drawing more countries into the US’ orbit.

North Korean leader Kim Jong-Un waves from a balcony of the Grand People's Study house following a military parade marking the 105th anniversary of the birth of late North Korean leader Kim Il-Sung, in Pyongyang on April 15, 2017. 
Kim saluted as ranks of goose-stepping soldiers followed by tanks and other military hardware paraded in Pyongyang for a show of strength with tensions mounting over his nuclear ambitions. / AFP PHOTO / ED JONES        (Photo credit should read ED JONES/AFP/Getty Images)
Kim Jong Un reaffirms denuclearization push
05:01 - Source: CNN

But Wallace says there’s one summit outcome that could be a nightmare for both China and the US alliance network – a partial denuclearization where North Korea gives up the long-range missiles that could hit the US mainland but keeps shorter range ones that could still threaten Japan and South Korea.

That could encourage both those US allies to develop their own nuclear arms programs, precipitating an arms race in North Asia.

And there is wide agreement that more nations in the region pursuing nuclear capability would be destabilizing.

“This could have all sorts of cascading effects of which the outcomes are hard to predict,” Wallace said.

BEIJING, July 26, 2017  :  File photo taken in July, 2016 shows Chinese H-6K bomber patrolling islands and reefs including Huangyan Island in the South China Sea. 

It has been a big year for China's military as the People's Liberation Army (PLA) is to celebrate its 90th birthday. As Aug. 1, the birthday of the PLA, approaches, the country's army has shown how much its military capacity has grown and how committed it is to maintaining world peace.

The PLA has come a long way since its birth during the armed uprising in the city of Nanchang on August 1, 1927, when it had only 20,000 soldiers. Ninety years later, the country boasts 2 million servicemen, according to a national defense white paper titled "China's Military Strategy," published in 2015. Besides the growth in numbers, the PLA has armed its soldiers with world-class equipment. 

As of June 2017, the Chinese military had participated in 24 UN peacekeeping missions, sending 31,000 personnel, 13 of whom lost their lives in duty. Since 2008, the Navy has dispatched 26 escort task force groups, including more than 70 ships for escort missions in the Gulf of Aden and off the coast of Somalia. More than 6,300 Chinese and foreign ships have been protected during these missions. (Xinhua/Liu Rui via Getty Images)
The West may be too late to stop Beijing in S. China Sea, says analyst
05:13 - Source: CNN

So what might be the best result for Beijing when the Trump-Kim summit ends?

“A summit which produces nothing tangible, but lowers the temperature” in the region, Roggeveen said.

That’s because with the US preoccupied with the North Korea issue, China can continue what it has been doing for the past several years: fortifying its positions in the South China Sea, increasing diplomatic pressure and military exercises around Taiwan, having its ships and aircraft challenge Japan’s island claims in the East China Sea, and building and modernizing its armed forces, while forging deeper economic ties around the Asia-Pacific.

At the moment, China sees North Korea’s nuclear program to be a “useful tool for its larger purpose,” said Roggeveen, “to undermine America’s claims to be the strategic power in Asia and take that mantle for itself.”

CNN’s Joshua Berlinger contributed to this report.