China And Japan In The Asia Pacific Regional Economic Cooperation

Contemporary relations between Greater China and Japan have been conditioned both by differing responses to the impact of Western colonialism during the mid-nineteenth century and the legacy of the Cold War. There are mutual suspicions: the Chinese fear of a Japanese military revival and the Japanese concern over increasing Chinese economic competition and territorial ambitions. Robert Taylor recognises the mistrust in Sino-Japanese relations, but also sees shared advantages in this traditionally adversarial relationship. The Chinese are currently modelling their economic strategy on Japan's developmental experience, even though China's policies and institutions have distinctive features and differing agendas. The study also examines the growing momentum towards sub-regional integration; rivalry between Greater China and Japan is giving way to competition between regional economic blocks and corporate entities. Greater China and Japan explores the ambiguous relationship between the two countries and states that its development is crucial to the future of the region in the twenty-first century.

Attempts to integrate the Pacific regional economy accelerated sharply with the formation of the regionwide, official Asia-Pacific Economic Cooperation forum in 1989. This book probes into the distinctive process of regional cooperation in Asia-Pacific by focusing on the roles and perspectives of China, Japan, and Southeast Asian states. Asian developments shaping the new post-hegemonic global political economy challenge traditional models in international relations, which is here challenged to take East Asia seriously.

China and Japan are the two most important countries in the Asia-Pacific region. Their economic ties are significant not only because they are the second and third largest economies in today's world, but also because their economic relationship has an important impact on regional economic co-operation and international production chains.China's Japan Policy: Adjusting to New Challenges analyzes the significance of Japan in China's foreign policy framework within the broader context of China's world view, its national objectives, and the Chinese leadership's policy adjustments in response to the changing international and domestic circumstances. It looks at China's Japan policy in recent decades since their normalization of relations in 1972. The book also examines the unique characteristics of the China-Japan bilateral relationship, especially the historical legacy, territorial disputes, and the special cultural affinities between the two nations. Readers interested in China and Japan will find this an invaluable reference with detailed insights on international relations and economic developments in the Asia-Pacific region.

Since the mid-1990s, Japan’s regional economic strategy has transformed. Once characterized by bilateralism, informality, and neomercantilism, Japanese policy has shifted to a new liberal strategy emphasizing regional institution building and rule setting. As two major global powers, China and the United States, wrestle over economic advantages, Japan currently occupies a pivotal position capable of tipping the geoeconomic balance in the region. Japan’s New Regional Reality offers a comprehensive analysis of Japan’s geoeconomic strategy that reveals the country’s role in shaping regional economic order in the Asia-Pacific. Saori N. Katada explains Japanese foreign economic policy in light of both international and domestic dynamics. She points out the hurdles to implementing a state-led liberal strategy, detailing how domestic political and institutional changes have been much slower and stickier than the changing regional economics. Katada highlights state-market relations and shows how big businesses have responded to the country’s interventionist policies. The book covers a wide range of economic issues including trade, investment, finance, currency, and foreign aid. Japan’s New Regional Reality is a meticulously researched study of the dynamics that have contributed to economic and political realities in the Asia-Pacific today, with significant implications for future regional trends.

Long divided by cultural, economic, and political differences, the Asia-Pacific region has little history of multilateral cooperation. Alliances that once linked individual countries with one or the other superpower fostered deep mistrust among neighbouring states. The end of the Cold War, however, has created new opportunities for multilateral coo

The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration.

The Asia-Pacific region has, in the eyes of most observers, the potential to become the engine of global economic growth in the 21st century. Whether it does will largely depend upon the willingness of the region's nations to pursue economic co-operation and peaceful reconciliation of differences. In this volume, scholars, policy experts, and repre

Attempts at organizing the Pacific regional economy had been made through private forums and proposals for over two decades--and finally resulted recently in the formation of the Asia-Pacific Economic Cooperation forum. This book probes the process of regional cooperation in Asia-Pacific by focusing on the roles and perspectives of China, Japan, and Southeast Asian states.