Apec And The Rise Of China

Intra-regional trade has been rising rapidly, especially after China's accession to the WTO in 2001. China's economy is expanding rapidly, and has already passed Japan in 2010 to become the world's second largest economy. It is clearly producing a huge impact on the world economy, and particularly on ASEAN countries. This is the appropriate time to take stock: what has APEC achieved so far? How is China's rapid growth shaping the course of economic integration and cooperation in the region? What is the future of APEC? This book is based on papers presented by scholars with expertise in the Asia Pacific region at a conference on “APEC at 20 and the Rise of China” organized by the APEC Centre of Lingnan University on 26–27 February 2010, and includes additional invited papers. Contents:APEC and the Rise of China: An Introduction (L S Ho & J Wong)Overview of Issues:Designing Asia-Pacific Economic Cooperation (C-P Chung)Rebalancing Relations between East Asian and trans-Pacific Institutions: Evolving Regional Architectural Features (Z-Y Pang)Role of China:Will China Become an Engine of Growth for the Region? (Y-P Huang)China's Economic Rise and Regional Trade (R Leal-Arcas)The Role of China in Asia-Pacific Trade Framework in the Context of APEC (E K-K Yeoh et al.)Monetary Integration and the Reform of the Reminbi:Towards an Effective (More or Less) Monetary Union in Asia (L S Ho)On the Reform of RMB Exchange Rate: A Middle Ground Solution (B Zhang & X-P Hua)The Future of APEC:Continuing the APEC Agenda and the Evolving Regional Institutional Architecture in the Context of an Emerging Asia (K G Tan & S W Chiang) Readership: Researchers and policy makers on APEC and China related issues; students in business, economics, and political science interested in regional issues. Keywords:APEC;China;Asia-Pacific Economic Cooperation;Intra-Regional Trade among APEC Countries;Economic Integration and Cooperation

"This book assembles papers that were produced under a three year collaborative research program on 'China and APEC' undertaken by the AustraliaJapan Research Centre, in the Asia Pacific School of Economics and Management at The Australian National University and the APEC Policy Research Center, in the Chinese Academy of Social Sciences. ... The work on this project and the papers in the volume provide a base for developing ideas that could be helpful to the policy agenda for APEC 2001."--Preface.

Contains the author's writings on China's perspective and policy with regard to its foreign relations and engagement of regional and global affairs. This book covers issues ranging from the post-Cold War world order, China-US relations, the North Korean nuclear crisis and China's policy, and China's relations with its neighbors in a fresh context.

"China is so large that its trading interests and influence are global. But its interests are disproportionately powerful in its immediate Western Pacific and Asia Pacific partners. The evolution of China's economic relationships with its Asia Pacific partners, in which APEC came to play a significant role in the 1990s, is thus a central part of the story of China's rapidly growing and changing interaction with the global economy." - Ross Garnaut APEC is an important forum thorugh which China can demonstrate its commitment to economic openness. APEC has also been an important vehicle for China's trade liberalisation on the way towards accession to the WTO. In facilitating trade liberalisation, APEC and te WTO are mutually reinforcing. APEC prepares China for the WTO and WTO accession encourages China's active participation in the APEC process. Both APEC membership and WTO accession help with the huge task of China's domestic reform. This book sets out China's strategic interests in APEC in the lead-up to the APEC summit in Shanghai in 2001. Contributors include leading Chinese economists from the APEC Policy Research Centre in the Chinese Academy of Social Sciences-Zhang Yunling, Zhang Jianjun, Sun Xuegong, Li Kai, Chen Luzhi, Zhou Xiaobing, Zhao Jianglin-and from the Asia Pacific School of Economics and Management at The Australian National University-Peter Drysdale, Ligang Song, Ross Garnaut, hristopher Findlay, Andrew Elek, Yongzheng Yang, Yiping Huang, K.P. Kalirajan, Hadi Soesastro and Chen Chunlai.

This book examines every aspect of Beijing's stragegies, ranging from political, economic and social challenges, to the Taiwan and Hong Kong issues, to the implications of these strategies in terms of China's place within the Asia Pacific, and indeed within the world system.

China is the rising power of the early 21st century. In recent years, its economy has turned into a driving locomotive for the entire Asian continent. Undoubtedly, the country has become an important factor in global politics and economics with a tremendous impact on the political, social and economic development of all other states on our planet. Today's emerging new world order is unimaginable without China playing a crucial role in it. The general aim of this book is to study in detail this transformation process and the respective changes in China's relationship with other major political and economic powers. The articles compiled in the book were written by researchers from think-tanks, diplomatic institutions and academia. This publication easily guides interested readers through the general landscape of Chinese external relations.

This book focuses on the market issues facing Asian industrialization and the possibility, feasibility, and sustainability of China integrating the Asian economics. How China's rise affects Asian market and the economic relation between China and other Asian economies? The book looks into this issue from market and regional perspectives and concludes that: Asian industrialization including China makes the unified regional market as the common goal of Asian economies; the integration of Asian markets is also a key strategy for China in the next 5-10 years; China may become a major player or even a leader in integrating regional markets; however, it will be a longtime process depending on China's economic strength in the future.

The prospect of a new, rapidly rising China poses both opportunities and challenges for regional community building in Asia Pacific. In this book, intellectual leaders from the region present their perspectives on China's development. Four chapters by Chinese authors analyze the domestic dynamics related to the country's political and economic development as well as its external economic and political/security relationships. Contributors from Japan, Korea, member-countries of the Association of Southeast Asian Nations, and Australia/New Zealand cover the growing political influence of China in the region, its influence on security in the region, and the implications of China's continuing economic growth. Five final chapters examine China's regional strategy toward Asia Pacific, Japan-China cooperation on regional community building, taking a greater role in regional security arrangements and the regional economic order, and the cultural implications for the region of the rise of China. Contributors include Yang Guangbin (Renmin University, Japan), Men Honghua (Central Party School, China), Wang Rongjun (Chinese Academy of Social Science), Ni Feng (Chinese Academy of Social Sciences), Takahara Akio (Rikkyo University, Japan), Ohashi Hideo (Senshu University, Japan), Lee Geun, (Seoul National University, Korea), Jwa Sung-Hee (Korea Economic Research Institute), Morada Noel (Institute for Strategic and Development Studies, Philippines), Mari Pangestu (former executive director, Center for Strategic and International Studies), Greg Austin, (European Institute for Asian Studies, Brussels, and Australian National University), Jusuf Wanandi (Center for Strategic and International Studies, Indonesia), Chia Siow Yue (Singapore Institute of International Affairs and EADN), and Wang Gungwu, (East Asian Institute, Singapore).