Volume I of the series on ASEAN-China Relations focused on trends and patterns in bilateral economic relations between ASEAN countries on the one hand, and China on the other. Volume II focused on macroeconomic and institutional developments in China and in selected sectors in ASEAN and China, and their implications for bilateral economic relations. This third volume focuses on developments in the global arena and in the Pacific and their impact on bilateral economic relations between ASEAN and China. The papers cover the following - economic developments in the Pacific region, the economic role of Japan and the United States, industrial restructuring in the Asian Newly Industrializing Economies, the special role of Hong Kong, prospects for Pacific economic cooperation, and China's membership in GATT.

Examines the rapidly expanding economic relations between ASEAN and China in recent years, covering trade, investments, economic challenges, competition and opportunities in the various sectors of the two economies.

Papers presented at the Workshop on China-ASEAN Economic Relations: Developments in China and ASEAN and Their Implications for China-ASEAN Economic Relations, 27-29 Oct. 1987, Beijing.

The past decade has witnessed rapid development in ASEAN-China relations. Both sides now have more in common than before, though differences still exist. ASEAN and China have established a promising strategic partnership ensuring peace, stability, co-operation as well as prosperity for the region. New challenges will, however, continue to emerge to test the resolve of the partnership. This book examines some of the areas of convergence and divergence and the possible trajectories of the development of ASEAN-China relations.