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ASEAN-China Economic Competition and Free Trade Area

Author

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  • Chia Siow Yue

    (Senior Research Fellow, Singapore Institute of International Affairs, 62 Watten Way, Singapore 287196)

Abstract

The economic rise of China is having wide-ranging repercussions in ASEAN and the rest of the world. ASEAN perceives both threat and opportunity from China's economic success: the threat arises from the size and rapid growth of China's economy and the competition for export markets and foreign direct investment; the opportunity arises from possible increases in both exports to China's rapidly growing market and Chinese investment in ASEAN enterprises. ASEAN has embarked on deeper and faster integration toward an ASEAN Economic Community to meet these challenges and is simultaneously engaged in several ASEAN+1 initiatives to further improve its economic efficiency and market access. This paper explores the increasing competition and cooperation between ASEAN and China.

Suggested Citation

  • Chia Siow Yue, 2005. "ASEAN-China Economic Competition and Free Trade Area," Asian Economic Papers, MIT Press, vol. 4(1), pages 109-147, Winter.
    • Handle: RePEc:tpr:asiaec:v:4:y:2005:i:1:p:109-147
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    Cited by:

    1. Guendalina Anzolin, 2021. "Automation and its Employment Effects: A Literature Review of Automotive and Garment Sectors," JRC Working Papers on Labour, Education and Technology 2021-16, Joint Research Centre.
    2. Juan Felipe López Aymes, 2014. "Encadenamientos productivos en el sureste de Asia: integración a las redes globales con empresas locales," Revista Digital Mundo Asia Pacífico, Universidad EAFIT, vol. 4(5), pages 24-51, December.
    3. Julian Donaubauer & Christian Dreger, 2018. "The End of Cheap Labor: Are Foreign Investors Leaving China?," Asian Economic Papers, MIT Press, vol. 17(2), pages 94-107, Summer.

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