China Asean Economic Relations and USA Factor.
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Date
2015-11-05
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Journal Title
Journal ISSN
Volume Title
Publisher
International Journal of Scientific Research in Science and Technology.
Abstract
The implementation of CAFTA (China ASEAN Free Trade Agreement) in January 2010 marked an important
milestone in relations of China and ASEAN member states. This specific agreement built on and extended the
growing economic relationships between the two sides. However it also caused concern for United States influence
in the region. The economic relations of both sides have been talked about from various angles at many occasions
and conferences worldwide but how China and ASEAN economic terms are influencing United States influence in
the region in the present times have rarely been discussed. This research focuses on the growing China- ASEAN
economic relationship over the past decade and a half, especially under CAFTA umbrella, observes some of the
major areas of this relationship, and considers the implications for U.S. interests in the region. The vastly growing
economic relations of China ASEAN did create concerns for United States initially. The observant war on terror has
got United States more involved with neighbouring regions of ASEAN and China i-e Afghanistan and Iraq. But
since United States is refocusing on this region with its new strategies and engagement, it is proved that it has not
lost its influence in the region which it was losing especially right after the 9/11 incident. At the same time, it is
proved as well that China is constantly gaining importance in the region especially after the implementation of
CAFTA.
Description
Keywords
Political Sciences, China; ASEAN; economy; CAFTA; United States; Asia Pacific.
Citation
Rahman, H. (2015). China Asean Economic Relations and USA Factor. International Journal of Scientific Research in Science and Technology 1(4), 286-298.(Hadia Rahman)