Non Us Legal Systems

ASEAN Industries and the Challenge from China by Darryl Jarvis

By Darryl Jarvis

This booklet explores the impression of the increase of China on South East Asia, addressing the implications for a few of Asia’s key monetary sectors, together with academic companies, bio-technology, monetary prone, and the nutrients undefined.

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Sample text

Prime Minister Wen’s bilateral meetings with participants in the EAS generally were full of positive rhetoric, with the notable exception of Japan. Typical of the positive were Philippine President Arroyo’s remarks upon meeting with Wen on December 11 that Chinese-Philippine relations have entered “a golden period”. By contrast, official Chinese media made clear that the Chinese embargo on interactions with Prime Minister Koizumi remained firm despite the emphasis on affability and regional cooperation at the Malaysian meetings.

Later in the decade, the Sino-Cambodia relationship had evolved to the point that Hun Sen’s regime had closer ties with China than any other Southeast Asian state, as Chinese military, economic, and political support appeared both generous and without major conditions. Beijing leaders also solidified China’s position as the main international backer of the military regime that grabbed power in Myanmar after aborted elections in 1988. China provided military equipment, training, and economic and political assistance to the internationally isolated regime (Chanda, 2002; Sutter, 2003).

Such figures were generally consistent with trends in global investment involving China, according to official Chinese figures. The Chinese figures belied frequent non-Chinese media accounts that often grossly exaggerate the amount of Chinese investment going abroad. 6 billion abroad. In an assessment based on official Chinese and other data, a Singapore scholar in 2006 underlined China’s weak investment profile in Southeast Asia. 22 billion of ASEAN investment in China). 4 billion. 9% for Japan. 6 billion went to Hong Kong, while Indonesia received $62 million and Singapore $48 million (Sheng, 2006: 1).

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