The six nations of the Gulf Cooperation Council （GCC） have approximately 40percent of total proven oil reserves as well as 23 percent of the world＇s gas reserves. Although rising oil revenues have led to greater ou...The six nations of the Gulf Cooperation Council （GCC） have approximately 40percent of total proven oil reserves as well as 23 percent of the world＇s gas reserves. Although rising oil revenues have led to greater outward investment flows, there is also a growing need for significant expansion of the domestic energy sector＇s capacity. Meanwhile, China＇s sustained economic boom has resulted in China emerging as the world＇s second largest consumer and importer o foil, with close to 40percent of its import demand presently sourced from the GCC. This share will grow significantly in the future. Commercial relations between the GCC and China have to date been dominated by energy-related bilateral investment flows and China＇s oil imports. Although this will continue to be a central feature, trade and investment links in non-energy areas will further broaden and deepen the relationship. China ＇s relationship with the USA in terms of energy is also emerging as a major issue. Rather than being competitors, a mutual dependence on stable and secure supplies from the GCC highlights the need for a cooperative relationship.展开更多
as economic interdependence between China and its neighboring countries continue to deepen, which has brought some changes to their political interactions. Liberalism argues that economic interdependence is a power to...as economic interdependence between China and its neighboring countries continue to deepen, which has brought some changes to their political interactions. Liberalism argues that economic interdependence is a power to promote peace, while realism sees it as the root cause of a conflict. This paper, having collected panel data for years 1981-2007 between China and its 17 neighboring countries, found in the research that variables such as relative comprehensive strength, and institutional participation level are under control, economic interdependence between countries indeed significantly enhances the political relations. With the increasing importance of economic factors, China and its neighboring countries have strengthened economic exchanges, deepening interdependence continuously, and forming a community of shared destiny. In this case, the two sides strive to avoid conflict, and prefer to cooperate as a means to seek more economic benefits. Besides, the results of the analysis and the effects of controlling variables on bilateral relations can also serve a certain reference to China's diplomatic strategy.展开更多
The potential inclusion of Japan and the Republic of Korea in the AUKUS(Australia,the United Kingdom,and the United States)trilateral security pact has sparked extensive debate and speculation regarding its implicatio...The potential inclusion of Japan and the Republic of Korea in the AUKUS(Australia,the United Kingdom,and the United States)trilateral security pact has sparked extensive debate and speculation regarding its implications for Asia’s delicate geopolitical dynamics and the region’s relationship with China.This essay explores the multifaceted consequences of such a development,analyzing its effects on the regional security architecture,economic ties,and the intricate network of alliances and rivalries.Employing a mixed-methods approach that integrates qualitative analysis of expert opinions with quantitative assessments of economic and military data,the study seeks to provide a comprehensive understanding of the potential ramifications.The findings indicate that while AUKUS expansion could enhance deterrence against perceived threats,it may also escalate tensions,disrupt economic interdependencies,and trigger a regional arms race.The essay emphasizes the importance of nuanced diplomacy and dialogue to address these challenges and preserve regional stability.展开更多
We investigate changes in Asia＇s regional and global trade linkages and their influence on macroeconomic relationships among Asia, Europe and the USA. We first document changes in tripartite trade patterns and discus...We investigate changes in Asia＇s regional and global trade linkages and their influence on macroeconomic relationships among Asia, Europe and the USA. We first document changes in tripartite trade patterns and discuss sO, lized facts about East Asia ＂s trade structure, with particular focus on the role of China. China plays a critical role in the rapidly expanding intra-Asian trade as an assembly and produetion center that supplies final goods for the advanced economies. However, China ＂s trade shares in final goods with East Asia and in parts and components with Europe and the USA are rising, suggesting that the region ＂s production chains are becoming increasingly integrated into the global business network. Empirical results from a panel vector autoregression model generally confirm increasingly mutual macroeconomic interdependence among East Asia, Europe and the USA. The findings suggest a future role for Asia as an important trade partner and balancing power in the world economy.展开更多
文摘The six nations of the Gulf Cooperation Council （GCC） have approximately 40percent of total proven oil reserves as well as 23 percent of the world＇s gas reserves. Although rising oil revenues have led to greater outward investment flows, there is also a growing need for significant expansion of the domestic energy sector＇s capacity. Meanwhile, China＇s sustained economic boom has resulted in China emerging as the world＇s second largest consumer and importer o foil, with close to 40percent of its import demand presently sourced from the GCC. This share will grow significantly in the future. Commercial relations between the GCC and China have to date been dominated by energy-related bilateral investment flows and China＇s oil imports. Although this will continue to be a central feature, trade and investment links in non-energy areas will further broaden and deepen the relationship. China ＇s relationship with the USA in terms of energy is also emerging as a major issue. Rather than being competitors, a mutual dependence on stable and secure supplies from the GCC highlights the need for a cooperative relationship.
文摘as economic interdependence between China and its neighboring countries continue to deepen, which has brought some changes to their political interactions. Liberalism argues that economic interdependence is a power to promote peace, while realism sees it as the root cause of a conflict. This paper, having collected panel data for years 1981-2007 between China and its 17 neighboring countries, found in the research that variables such as relative comprehensive strength, and institutional participation level are under control, economic interdependence between countries indeed significantly enhances the political relations. With the increasing importance of economic factors, China and its neighboring countries have strengthened economic exchanges, deepening interdependence continuously, and forming a community of shared destiny. In this case, the two sides strive to avoid conflict, and prefer to cooperate as a means to seek more economic benefits. Besides, the results of the analysis and the effects of controlling variables on bilateral relations can also serve a certain reference to China's diplomatic strategy.
文摘The potential inclusion of Japan and the Republic of Korea in the AUKUS(Australia,the United Kingdom,and the United States)trilateral security pact has sparked extensive debate and speculation regarding its implications for Asia’s delicate geopolitical dynamics and the region’s relationship with China.This essay explores the multifaceted consequences of such a development,analyzing its effects on the regional security architecture,economic ties,and the intricate network of alliances and rivalries.Employing a mixed-methods approach that integrates qualitative analysis of expert opinions with quantitative assessments of economic and military data,the study seeks to provide a comprehensive understanding of the potential ramifications.The findings indicate that while AUKUS expansion could enhance deterrence against perceived threats,it may also escalate tensions,disrupt economic interdependencies,and trigger a regional arms race.The essay emphasizes the importance of nuanced diplomacy and dialogue to address these challenges and preserve regional stability.
文摘We investigate changes in Asia＇s regional and global trade linkages and their influence on macroeconomic relationships among Asia, Europe and the USA. We first document changes in tripartite trade patterns and discuss sO, lized facts about East Asia ＂s trade structure, with particular focus on the role of China. China plays a critical role in the rapidly expanding intra-Asian trade as an assembly and produetion center that supplies final goods for the advanced economies. However, China ＂s trade shares in final goods with East Asia and in parts and components with Europe and the USA are rising, suggesting that the region ＂s production chains are becoming increasingly integrated into the global business network. Empirical results from a panel vector autoregression model generally confirm increasingly mutual macroeconomic interdependence among East Asia, Europe and the USA. The findings suggest a future role for Asia as an important trade partner and balancing power in the world economy.
