Southeast Asia : examinations of U.S. and Chinese economic engagement / Pauline Nelson, editor.

Format:

Book

Contributor:

Nelson, Pauline, editor.

Series:

Asian political, economic and social issues.

Asian Political, Economic and Social Issues

Language:

English

Subjects (All):

ASEAN.

Southeast Asia--Foreign economic relations--United States.

Southeast Asia.

Physical Description:

1 online resource (191 p.)

Place of Publication:

New York : Nova Publishers, 2016.

Summary:

Both the United States and China seek to deepen their economic engagement with the 10 Association of Southeast Asian Nations (ASEAN) members: Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. ASEAN countries are seeking to further integrate their economies and create an economic community by the end of 2015. According to International Monetary Fund data, if ASEAN countries were a single nation, their collective 2014 GDP would represent the seventh largest economy in the world. In 2011, the President announced a renewed focus--known as the rebalance--on the Asia-Pacific region. The U.S. Department of State and U.S. Agency for International Development prepared a 5-year strategy for the rebalance. This book examines what available data indicate about U.S. and Chinese trade and investment with ASEAN countries and what actions the U.S. and Chinese governments have taken to further economic engagement with these countries.

Contents:

SOUTHEAST ASIA EXAMINATIONS OF U.S. AND CHINESE ECONOMIC ENGAGEMENT ; SOUTHEAST ASIA EXAMINATIONS OF U.S. AND CHINESE ECONOMIC ENGAGEMENT ; Library of Congress Cataloging-in-Publication Data; CONTENTS ; PREFACE ; Chapter 1 SOUTHEAST ASIA: TRENDS IN U.S. AND CHINESE ECONOMIC ENGAGEMENT*; WHY GAO DID THIS STUDY ; WHAT GAO FOUND ; ABBREVIATIONS ; BACKGROUND ; History of ASEAN ; ASEAN Country Economies ; Governance of ASEAN ; ASEAN Economic and Connectivity Initiatives ; U.S. Goals for Southeast Asia ; Chinese Goals for Southeast Asia

CHINA HAS SURPASSED THE UNITED STATES IN TRADE IN GOODS WITH ASEAN COUNTRIES AND TRADES A SIMILAR AMOUNT OF SERVICES, BUT U.S. INVESTMENT EXCEEDS CHINA'SChina's Total Trade in Goods with ASEAN Countries Surpassed the United States' in 2007, but Neither Predominates in the Region ; Chinese Goods Trade with ASEAN Countries Has Grown More Rapidly Than U.S. Goods Trade ; Most Goods That the United States and China Trade with ASEAN Countries Are for Industrial Use ; The United States and China Are Key Trading Partners of ASEAN Countries, but ASEAN Countries Trade Most among Themselves

Total U.S. Trade in Services with ASEAN Countries Is Similar to China's, but Available Data Have Limitations U.S. Investment in ASEAN Countries Exceeded Chinese Investment from 2007 through 2012, but Available Data Have Limitations ; U.S. and Chinese Firms Often Compete in Different Sectors ; Goods Export Data Indicate That U.S. Firms Exporting to ASEAN Countries Compete More with Japanese and European Firms Than with Chinese Firms

Available Data Suggest That U.S. and Chinese Firms Compete Most Often with Other Countries' Firms for Government Contracts in ASEAN Countries and Obtain Contracts in Different Sectors World Bank Contracts ; ADB Contracts ; Commerce Advocacy Center Data ; THE UNITED STATES AND CHINA ENGAGE WITH ASEAN COUNTRIES THROUGH TRADE AGREEMENTS, SUPPORT FOR FIRMS, AND SUPPORT FOR REGIONAL INTEGRATION ; The United States and China Have Existing and Proposed FTAs with ASEAN Countries

The United States Has an FTA with Singapore, while China Has Free Trade and Investment Agreements with All ASEAN Countries U.S.-Singapore FTA ; China-ASEAN Framework Agreement on Comprehensive Economic Cooperation ; China-Singapore FTA ; The United States and China Are Each Party to Different Proposed Regional FTAs ; Trans-Pacific Partnership (TPP) Agreement Negotiations ; Regional Comprehensive Economic Partnership Agreement Negotiations ; Existing FTA Relationships between FTA Negotiating Partners ; The United States and China Each Support Firms in ASEAN Countries

The United States Has Provided More Than 6 Billion in Financing for Exports to, and Investments in, ASEAN Countries since Fiscal Year 2009

Notes:

Includes index.

Description based on print version record.

ISBN:

1-63484-701-6