China has denounced a nuclear submarine deal among the U.S., the U.K. and Australia — and tensions in the Indo-Pacific region will likely continue to rise, said an analyst at consultancy firm Eurasia Group.“Given the geography of the region and given the security stakes in the region, one would hope that prudence would prevail,” says Ali Wyne, senior analyst at Eurasia Group.“I think that right now, certainly the military balance of power is going to grow more contested,” he told CNBC’s “Squawk Box Asia” on Monday.The U.S., U.K. and Australia last week announced a new security partnership that seeks to strengthen stability in the Indo-Pacific region. It comes as China continues to expand its military presence and influence in the region.cnbc.com