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If ASEAN has provided the canvas, it is the diplomatic involvement and initiative of China that has actually redrawn the East Asian landscape. In effect, China has been searching out ways in which it might emerge as the regional leader. [893] Underpi
Figure 24. Growing importance of Chinese market.
Zhang Yunling, one of the architects of China ’s new strategy, and Tang Shiping have described the aim as: ‘to make China a locomotive for regional growth by serving as a market for regional states and a provider of investment and technology’. [899] The most obvious expression of this has been the way in which, in less than a decade, China has become one of — if not the — most important market for many countries in the region: in a few years’ time, it seems likely that it will be the single largest market for every country in the region. For the ASEAN countries, the Chinese market is now three times the size of Japan ’s. [900] No country — not even Japan, whose trade with China has recently overtaken that with the United States — can afford to ignore the Chinese market, or, as a consequence, China. [901] Since 200 °China ’s imports from ASEAN have increased at an a
Zhang Yunling and Tang Shiping have described China ’s regional strategy in the following terms: ‘participate actively, demonstrate restraint, offer reassurance, open markets, foster interdependence, create common interests, and reduce conflict’. [907] With one bold and unexpected stroke, China has succeeded, in the ma
[893] Interview with Zhu Feng, Beijing, 16 November 2005.
[894] Zhu Feng, ‘Regionalism, Nationalism and China’s Regional Activism in East Asia’, unpublished paper, 2006, p. 4; and Takashi Inoguchi, ‘Nationalism, Globalisation and Regional Order in North-East Asia: The Case of Japan at the Dawn of the Century’, paper presented at conference on ‘Nationalism and Globalisation in North-East Asia’, Asia Research Centre, London School of Economics, 12 May 2007,
[895] Ibid., p. 6.
[896] Hideo Ohashi, ‘China’s Regional Trade and Investment Profile’, in Shambaugh, Power Shift, p. 72; Guillaume Gaulier, Françoise Lemoine, Deniz Ünal-Kesenci, ‘China’s Integration in East Asia: Production Sharing, FDI and High-Tech Trade’, CEPII Working Paper No. 2005-09, pp. 35- 6.
[897] Wang Zhengyi, ‘Contending Regional Identity in East Asia: ASEAN Way and Its Implications’, unpublished paper, 2001, pp. 12–15. World Bank, The East Asian Miracle: Economic Growth and Public Policy (New York: Oxford University Press, 1993), Chapters 1, 4.
[898] Gaulier, Lemoine and Ünal-Kesenci, ‘ China ’s Integration in East Asia ’, p. 34.
[899] Zhang and Tang, ‘ China ’s Regional Strategy’, p. 51.
[900] Interview with Zhang Yunling, Beijing, 17 May 2006.
[901] Lampton, ‘ China ’s Rise in Asia Need Not Be at America ’s Expense’, p. 311.
[902] Zhang and Tang, ‘ China ’s Regional Strategy’, p. 62.
[903] Lampton, ‘ China ’s Rise in Asia Need Not Be at America ’s Expense’, p. 310.
[904] Jane Perlez, ‘Forests in Southeast Asia Fall to Prosperity’s Ax’, New York Times, 29 April 2006; ‘ China and the East Asia Survey’, The Economist, 5 May 2007.
[905] Zhang and Tang, ‘ China ’s Regional Strategy’, p. 62; and Ohashi, ‘ China ’s Regional Trade and Investment Profile’, p. 76.
[906] Lampton, ‘ China ’s Rise in Asia Need Not Be at America ’s Expense’, p. 311.
[907] Zhang and Tang, ‘ China ’s Regional Strategy’, p. 54.
[908] Interview with Zhang Yunling, Beijing, 17 May 2006.
[909] Interview with Yu Yongding, Singapore, 3 March 2006; Yu Yongding, ‘The Interactions between China and the World Economy’, Nikkei Simbon Symposium, 5 April 2005, pp. 5, 7; Jim O’Neill et al., ‘ China and Asia ’s Future Monetary System’, p. 13.
[910] Ibid., p. 5; interview with Yu Yongding, Singapore, 3 March 2006.
[911] Joshua Kurlantzick, Charm Offensive: How China’s Soft Power is Transforming the World (New Haven: Yale University Press, 2007), pp. 105- 6.