IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

East Asian Economic Integration: China's Perspective and Policy

Listed author(s):
  • Xu Mingqi
Registered author(s):

    East Asian economic integration has become a hot topic since the Asian financial crisis. Countries in the region have increasingly moved in favour of closer cooperation and coordination. Various proposals for free trade areas and Asian monetary cooperation have emerged. Regionalism in East Asia has been encouraged by the worldwide tendency to move to regional integration and by increasing interdependence in the region. The Asian financial crisis was a turning point for this awareness. However, institution building for regional integration has been slow, due to lack of political will, different development levels and needs, different opinions on the best mechanisms for cooperation, and contradictions between multilateral and regional arrangements. China was sceptical about regionalism until 1999. At that time, accession to the World Trade Organization, increasing trade and financial flow with East Asian economies and financial system reform and further opening to the world market led China to become more confident about and supportive of regional cooperation and integration in the hope that integration would provide more opportunities for China to realise its comparative advantages and a more secure environment in which to maintain stability. In this paper, the author argues for the need for decision makers in East Asian countries to show greater political will to implement such changes, in particular pointing to the need to develop mutual trust between China and Japan. He also makes some suggestions for speeding up free trade agreement negotiations and monetary integration.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Paper provided by Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University in its series Asia Pacific Economic Papers with number 341.

    in new window

    Length: 16 pages
    Date of creation: 2003
    Handle: RePEc:csg:ajrcau:341
    Contact details of provider: Postal:
    Canberra ACT 2601

    Phone: (61-2) 6249 3780
    Fax: (61-2) 6249 3941
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:csg:ajrcau:341. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Akira Kinefuchi)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.