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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Qin, F., Xu, T., Zhang, Z. (2016). Economic Cooperation and Interdependence Between China and ASEAN: Two to Tango?. In: Kim, YC. (eds) Chinese Global Production Networks in ASEAN. Understanding China. Springer, Cham. https://doi.org/10.1007/978-3-319-24232-3_13
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DOI: https://doi.org/10.1007/978-3-319-24232-3_13
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