China’s Regional Strategy in Northeast Asia and the Sino-Korean FTA
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This paper will consider China’s effort for establishing the FTA from its world perspective and regional strategy in Northeast Asia, and, among others, the object and implication of the trade agreement between Korea and China in a setting of China’s regional strategy in Northeast Asia. The “regional strategy in Northeast Asia” has played its role as the core part of Beijing’s “peripheral diplomacy,” aiming at building a more stable environment in terms of security in the region by reducing political, diplomatic and military frictions and conflicts so as that it can focus its full attention on domestic economic development. However, there are relatively more factors that impair the regional security in today’s Northeast Asia than elsewhere in China. In short, due to the presence of Korea and Japan, two economically powerful neighbors and strong allies of the U.S., in addition to the lingering remnants of the Cold War such as the division of the Korean Peninsula and the deployment of the U.S. armed forces, tensions are relatively still running high than any other area. Against this backdrop, Beijing, deciding that Seoul has relatively common strategic interests with it in Northeast Asia, is apparently seeking the realization of its Northeast Asian strategy by aggressively working for a concluded Sino-Korean FTA. In this regard, this paper will take a closer look at China’s diplomatic policy, especially its foreign policy that has been combined with its trade policy based on its cognitive change in globalization, and, as part of such methodology, China’s strategy toward the FTA will be analyzed. Furthermore, by studying in challenges and tasks with which the regional strategy in Northeast Asia, the core part of China’s peripheral diplomacy, is currently faced, the object and implication of the conclusion of Sino-Korean FTA, as a breakthrough for China’s regional strategy in Northeast Asia, will be closely examined. Finally, the future conclusion of Sino-Korean FTA and Korea’s possible responsive stance on it will be briefly discussed in this paper.
Abstract
This paper will consider China’s effort for establishing the FTA from its world perspective and regional strategy in Northeast Asia, and, among others, the object and implication of the trade agreement between Korea and China in a setting of China’s regional strategy in Northeast Asia. The “regional strategy in Northeast Asia” has played its role as the core part of Beijing’s “peripheral diplomacy,” aiming at building a more stable environment in terms of security in the region by reducing political, diplomatic and military frictions and conflicts so as that it can focus its full attention on domestic economic development. However, there are relatively more factors that impair the regional security in today’s Northeast Asia than elsewhere in China. In short, due to the presence of Korea and Japan, two economically powerful neighbors and strong allies of the U.S., in addition to the lingering remnants of the Cold War such as the division of the Korean Peninsula and the deployment of the U.S. armed forces, tensions are relatively still running high than any other area. Against this backdrop, Beijing, deciding that Seoul has relatively common strategic interests with it in Northeast Asia, is apparently seeking the realization of its Northeast Asian strategy by aggressively working for a concluded Sino-Korean FTA. In this regard, this paper will take a closer look at China’s diplomatic policy, especially its foreign policy that has been combined with its trade policy based on its cognitive change in globalization, and, as part of such methodology, China’s strategy toward the FTA will be analyzed. Furthermore, by studying in challenges and tasks with which the regional strategy in Northeast Asia, the core part of China’s peripheral diplomacy, is currently faced, the object and implication of the conclusion of Sino-Korean FTA, as a breakthrough for China’s regional strategy in Northeast Asia, will be closely examined. Finally, the future conclusion of Sino-Korean FTA and Korea’s possible responsive stance on it will be briefly discussed in this paper.
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