East Asian Regional Economic Integration

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The European Union(EU) has created a good model for regional integration. The member states of the EU sell partial sovereignty of the state in order to promote the unity of the EU, but this great exploration does not have repercussion in East Asia. On the one hand, the leaders of China, Japan and South Korea all stressed the importance of strengthening regional economic integration and heading for the long-term goal of building the East Asian economic community on the occasion of the rise of anti-globalization and protectionism. On the other hand, as Ahn stated, “the efforts that East Asian countries are making to promote regional integration are being constrained by the influence of nationalism”(Ahn, 2004, p.19). Firstly, East Asian countries…show more content…
First of all, the conflicts between China and Japan is the main obstacle for East Asia economic integration surrounding the historical issues such as Nanjing Massacre and Yasukuni shrine. According to Wang, “it is reasonable that Japan promoted regional cooperation and tried to be the leader of East Asia. But the rise of China, along with hostile nationalism, greatly challenged Japan’s ambition because the formation of a China-dominated regional organization will dilute Japan’s regional influence”(Wang, 2011, p.209). From the perspective of China, the hostility to Japan is not only the way to transfer domestic contradiction but also cherish Chinese nation’s patriotism. Chinese scholars have pointed out that nationalism is burning in mainland China. After the dissolution of the Soviet Union, the anti-Japan became the new theme to maintain the legality and authority of the Chinese Communist Party(CCP). The patriotic education which is strongly promoted, to a certain extent, adds fuel to…show more content…
It is envisaged that the CJKFZ is a free trade zone of the Three Kingdoms that consists of a large market with a population of over 1.5 billion. Tariffs and other trade restrictions in the free trade zone will be canceled and the flow of goods and other goods will be smoother. Manufacturers in the region can often reduce their production costs, obtaining larger markets and revenue while consumers will receive cheaper goods. The overall economic welfare of the three countries will increase. China-Japan-South Korea FTA negotiations have been conducted for seven rounds since their launch in November 2012. However until now, the FTA has not bene put into practice. Why is the FTA not successful? The problems left over by history, the situation in the Korean Peninsula, and many other factors become the major obstacles surrounding the “nationalism” to the construction of the free trade area of three countries. Due to the problems left over by history, the political mutual trust between China, Japan and South Korea is not solid enough and will inevitably affect future cooperation in the region. On the DPRK issue, there are still big differences between the three parties. The new round of nationalism in Northeast Asia is also not conducive to the exchange and cooperation between three

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