China's Changing Economic Structures and its Implications for Regional Patterns of Trade Production and Integration

• Main Authors: TAN, Kim Song, KHOR, Hoe Ee
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2005
• Subjects: Asian Studies; International Economics; Macroeconomics
• Online Access: https://ink.library.smu.edu.sg/soe_research/1204; https://ink.library.smu.edu.sg/context/soe_research/article/2203/viewcontent/China_regionalcooperation.pdf
• Institution: Singapore Management University

There is tremendous momentum for economic and financial integration in East Asia today. Partly inspired by the formation of the European Union and partly as a response to the 1997/98 Asia financial crisis, many East Asian countries are showing greater commitment to regional economic cooperation. A number of bilateral free trade agreements (FTAs) have either been concluded or are being negotiated.1 At a less formal level, the ASEAN+3 grouping has brought the whole region together in regular consultations over trade, investment, as well as monetary and exchange rate policy matters.