CHINA AND EAST ASIAN ECONOMIC INTEGRATION AND COOPERATION

Yunling Zhang ()
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Yunling Zhang: Chinese Academy of Social Sciences

Journal of Economic Development, 2006, vol. 31, issue 2, 169-185

Abstract: China¡¯s role in the East Asian economic development has grown increasingly important since China becomes a rapidly growing market for other regional economies. China¡¯s participation is essential to the progress of the East Asian economic integration. Due to its great diversity, East Asian trade and investment arrangements have to be gradual and flexible. The foundation of East Asian FTA have been gradually built up beyond ¡°functional integration¡± as observed in intra-regional FDI flow, a new regional network of production and services. A pragmatic approach is to negotiate East Asian FTA on the bases of three FTAs of China-ASEAN, Japan-ASEAN, and Korea-ASEAN, the combination of which are likely to serve the modality of the future East Asian FTA. The three separate agreements need to be integrated into one by harmonizing various degrees of liberalization of agricultural sector, labor mobility, rule of origin and other factors.

Keywords: Economic Integration; China; ASEAN; FTA (search for similar items in EconPapers)
JEL-codes: F15 F42 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (1)

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