Bruce Jones and Thomas Wright contend that America’s influence is actually on the rise:
Ironically, America’s obituary as a great power has repeatedly been written over the past three years even as it has grown stronger on multiple fronts. U.S. influence in Asia has risen at a rapid clip since 2008, driven largely by regional anxiety about Chinese assertiveness. The United States deepened its traditional alliances with Australia, Japan, and South Korea. It developed strategic partnerships, including with the Philippines, Vietnam, and others in ways that were previously unthinkable. Paradoxically, Chinese economic growth has weakened its own geopolitical position and benefited the United States. Such are the ways of world politics.
Via Foreign Policy .