Economic Relations Between China and ASEAN: The Shadow of the South China Sea Issue
DOI:
https://doi.org/10.14267/RETP2024.01.03Keywords:
China-ASEAN, South China Sea, economic relations, F15, F51Abstract
China-ASEAN relations have experienced remarkable growth and transformation over the past few decades, driven by China's emergence as a global economic powerhouse and ASEAN's dynamic regional integration efforts. However, the South China Sea issue has cast a persistent shadow over their economic partnership. This paper examines the economic relations between China and ASEAN and the impact of the issue on these relations. Employing a multi-faceted approach, the paper finds that the South China issue had a negative impact on China-ASEAN economic relations, leading to tensions and disputes, a potential economic loss, a hindered economic integration, and a more cautious approach from ASEAN countries in their economic relations with China.