The tension on the Korean Peninsula soared to a new level with the US aircraft carrier George Washington set to join a Yellow Sea military drill. If a new clash erupts with a US aircraft carrier involved, a final scenario will be much harder to predict.

Despite the strong rhetoric, none of the countries involved in the confrontation are truly prepared to fight an all out war.

North Korea does not have the capability to beat South Korea and the US, while South Korea does not have the will to see the peninsula engulfed in a military clash. Barely emerging from the Iraqi war nightmare, another war without a clear ending is the last thing the US needs.

Keeping this in mind, the three countries should stop trying to intimidate the other side with strong-arm tactics. China pushed for emergency talks yesterday, trying to cool down the tense situation. Whatever the response, China's attitude is in earnest and the initiative should be taken to get the parties involved back to the negotiation table in Beijing.

Strategic intimidation has to be renounced. Within the US and South Korea, the official stance from the governments and strong public sentiment can affect each other. Many wars have been fought because public sentiment mistakenly influenced government policy.

In Northeast Asia, peace and stability are of the greatest concern, however, it is often pushed aside by minor but vocal hard line opinions. Peace comes second to election rhetoric and media noise. Advocacy for rationality and mutual compromise, on the contrary, would cause political risk and often be dubbed as traitorous.

Experience from the last decade suggests that hawkish policies rarely work out in Northeast Asia. Short-term political gains often incur long-term damage that has to be repaired by the entire region. The erratic policies are also often dumped with a change in administrations.

The accumulation of tension on the Korean Peninsula has now reached a dangerous breaking point. The two Koreas, and also the entire region, must be cautious.

War is not welcome, yet it is approaching and the danger is being bizarrely tolerated. What is happening is not a game. No one can guarantee the situation will not turn into a real war.