This chapter examines the political economy of the hub-and-spokes alliance system in Asia during the Cold War. Focusing on the strategic competition between the United States and the Chinese Communists, it argues that state-building and development were major features of the United States’ efforts to maintain the security of its allies and partners. Because US officials exhibited a heightened concern about the risk of subversion, which could not be contained through military alliances alone, US strategy focused on addressing the perceived causes of its allies’ and partners’ vulnerability. In Northeast Asia, the United States played a significant role in the creation of the developmental state. In Southeast Asia, the United States proved to be less capable or willing to support state-led industrialization, choosing not to do so in the Philippines and failing to do so in South Vietnam. Throughout Asia, containment was as much about economics as it was about military strategy.