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Emerging China and Its Interaction with ASEAN Economies Read chapter Read first chapter

2016 | OriginalPaper | Chapter

Economic Cooperation and Interdependence Between China and ASEAN: Two to Tango?

Authors : Fengming Qin, Tao Xu, Zhaoyong Zhang

Published in: Chinese Global Production Networks in ASEAN

Publisher: Springer International Publishing

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Abstract

The objective of this paper is to examine the economic cooperation and interdependence between China and ASEAN through trades and flows of production factors in the context of increasing regional integration in East Asia. In particular, we assess the dynamic development of China–ASEAN economic relations and examine the changes in bilateral trade flows and trade patterns between China and ASEAN in the context of increasing significance of regional production fragmentation and investigate more closely how the China–ASEAN Free Trade Area (CAFTA) and China’s recent “Belt and Road” initiative will eventually reshape production and trade relationships between China and the ASEAN member countries. It also sheds light on the opportunities and challenges brought forth to both parties for further development of economic relations and cooperation due to their structural similarity in trade and lack of economic complementarity.

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previous chapter India and China: “Awakening Giants” Towards a Win–Win Future?
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Metadata
Title
Economic Cooperation and Interdependence Between China and ASEAN: Two to Tango?
Authors
Fengming Qin
Tao Xu
Zhaoyong Zhang
Copyright Year
2016
Book
Chinese Global Production Networks in ASEAN

Print ISBN: 978-3-319-24230-9

Electronic ISBN: 978-3-319-24232-3

Copyright Year: 2016

DOI
https://doi.org/10.1007/978-3-319-24232-3_13