Trade in goods is of great importance to Northeast Asia,a region with highly developed manufacturing industries.Trade interdependency among China,Japan,and South Korea(CJK)is an important incentive and basis for the d...Trade in goods is of great importance to Northeast Asia,a region with highly developed manufacturing industries.Trade interdependency among China,Japan,and South Korea(CJK)is an important incentive and basis for the development of CJK free trade area(FTA)and cross-border investment.From 1991 to 2011,the value of bilateral trade as a share of total trade among China,Japan,and South Korea underwent significant changes.China’s imports increased but exports decreased,Japan’s imports and exports both increased,and South Korea’s exports increased but imports decreased.These developments can help us understand the three countries’willingness of to continue the FTA negotiation process,in which commitment,environment,and demand uncertainty constitute disruptive factors in the CJKFTA negotiation process.The CJKFTA can be realized directly or indirectly,depending on the will of China,Japan,and South Korea.展开更多
文摘Trade in goods is of great importance to Northeast Asia,a region with highly developed manufacturing industries.Trade interdependency among China,Japan,and South Korea(CJK)is an important incentive and basis for the development of CJK free trade area(FTA)and cross-border investment.From 1991 to 2011,the value of bilateral trade as a share of total trade among China,Japan,and South Korea underwent significant changes.China’s imports increased but exports decreased,Japan’s imports and exports both increased,and South Korea’s exports increased but imports decreased.These developments can help us understand the three countries’willingness of to continue the FTA negotiation process,in which commitment,environment,and demand uncertainty constitute disruptive factors in the CJKFTA negotiation process.The CJKFTA can be realized directly or indirectly,depending on the will of China,Japan,and South Korea.
