Analysis of Economic Cooperation between China, USA, Japan, and ASEAN

中美日与东盟经济合作解析

Since China’s Belt and Road Initiative was introduced,the rapid development of China–ASEAN economic cooperation has aroused suspicion from the United States and Japan,nations that have been cooperating with Southeast Asia for a long time.Through comparative analysis,this paper draws a conclusion that the cooperation between China and ASEAN has rapidly grown in trade volume,tourism,infrastructure construction,and other fields,but its advantages in some fields are not yet apparent,and there is no evidence of crowding out the United States and Japan overall.The United States and Japan have been adjusting policies toward ASEAN in a targeted manner,while ASEAN countries do not completely depend on China,establishing a balance in foreign economic cooperation between great powers.Therefore,the economic cooperation between China,the United States,Japan,and ASEAN is experiencing a dynamic adjustment process in long-term competition that is unlikely to lead to exclusive monopoly circumstances.