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- Title
China's Economic Reform and Open-Door Policy Viewed from Southeast Asia.
- Authors
Wong, John
- Abstract
In the wake of successful economic reform, the Chinese economy has experienced spectacular growth. This in turn resulted in greater economic integration, with growing trade and investment flows between China and its neighbouring Asia-Pacific economies, including the Association of Southeast Asian Nations (ASEAN). Overall, such an integration process will enhance the development potential of both sides, but separately, ASEAN countries will continue to perceive their bilateral economic relations with China in the context of their individual historical and economic realities. While Malaysia, the Philippines, Singapore and Thailand generally view the opening up of China as a "benevolent stimulus" to their own economic growth, Indonesia still holds some reservation and tends to focus on the competitive aspects of the resurgent Chinese economy. Before their relationship matures, China needs to show greater sensitivity towards its smaller southern neighbours.
- Subjects
SOUTHEAST Asia; CHINA; EASTERN question (Far East); INTERNATIONAL economic relations
- Publication
ASEAN Economic Bulletin, 1995, Vol 11, Issue 3, p269
- ISSN
0217-4472
- Publication type
Article
- DOI
10.1355/AE11-3A